{"id":28709,"date":"2012-03-30T10:45:02","date_gmt":"2012-03-30T14:45:02","guid":{"rendered":"http:\/\/countingpips.com\/fx\/2012\/03\/30\/gold-prices-set-to-decrease\/"},"modified":"2012-03-30T10:45:02","modified_gmt":"2012-03-30T14:45:02","slug":"gold-prices-set-to-decrease","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/30\/gold-prices-set-to-decrease\/","title":{"rendered":"Gold Prices Set to Decrease"},"content":{"rendered":"<p><strong>Source: <a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">ForexYard<\/a><\/strong><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/12.jpg\" width=\"120\" alt=\"printprofile\" \/><\/p>\n<p>\u2022\tBelow is the 4-hour chart for the Gold by ForexYard.<\/p>\n<p>\u2022\tThe indicators used are the MACD, Slow Stochastic and RSI.<\/p>\n<p><span><\/span>\u2022\tPoint 1: The Slow Stochastic shows a bearish cross, signaling that the next move may be in a downward direction.<\/p>\n<p>\u2022\tPoint 2: RSI signals that the price of this pair currently floats in the over-bought territory, indicating downward pressure.<\/p>\n<p>\u2022\tPoint 3: The MACD indicates a bearish cross, which supports the downward notion.<\/p>\n<p>\u2022\tIf the impending breach is indeed downward, going short with tight stops appears to be preferable strategy in the next few days.<\/p>\n<p>Gold 4 hour Chart<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2009\/06\/gold.jpg\" alt=\"gold\" width=\"468\" height=\"801\" class=\"alignnone size-full wp-image-3855\" \/><\/p>\n<p><strong><a href=\"http:\/\/www.forexyard.com\/landsys\/general_static\/en\/?pid=545&#038;mid=888&#038;cid=15844&#038;zid=15873\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: ForexYard \u2022 Below is the 4-hour chart for the Gold by ForexYard. \u2022 The indicators used are the MACD, Slow Stochastic and RSI. \u2022 Point 1: The Slow Stochastic shows a bearish cross, signaling that the next move may be in a downward direction. \u2022 Point 2: RSI signals that the price of this &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/30\/gold-prices-set-to-decrease\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gold Prices Set to Decrease&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28709","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28709"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28709\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}