Gold

[achyut]

Trading analysis for 24th Dec., 2013. GOLD in DAILY chart shows bearish trend. At present the price is reverse from the 1st resistance level. Sell on the reversal and put a target of take profit at 1st support level i.e., 1192.07 and next strong support is 1172.03.

Pivot: 1198.88

Resistance levels

R1 1205.31
R2 1212.12
R3 1218.55
R4 1224.99

Support levels

S1 1192.07
S2 1185.64
S3 1178.83
S4 1172.03

[gendengFX]

XAUUSD Technical Analysis for 24/12/2013
GOLD : SELL

BID PRICE 1198

EXPONENTIAL MA 20 1199 NEUTRAL
EXPONENTIAL MA 50 1204 SELL
EXPONENTIAL MA 100 1217 SELL
PARABOLIC SAR 0.02/0.2 1188 BUY
RSI 14 39.78 SELL
MACD 12,26,9 -6.899 SELL

Support : 1176
Pivot : 1200
Resistance : 1219
Trend : Bearish

[f_teguh]

analysis for today 12 / 24 / 2013
My daily trading,I hope the day is a success ...
GOLD (Daily Trade)

Resistance : R1 1205.84 R2 1215.29 R3 1234.04
Support : S1 1190.08 S2 1180.63 S3 1161.88

Open : 1198.50
High : 1199.38
Low : 1196.54
Range : 284 Pips
Running Price : 1197.97


For intraday trade today suggest SELL at the level 1197.97 stop loss at the level 1205.84 target take profit at the level 1161.88 or at the level 1124.38

[aray84]

Gold moved slightly higher on Friday, after testing the 1211.13 level extensions. where the complementary pattern near the main low at 1180.05. Thus, there is potential for upside correctional rebound this week, as long as the 1180.05 low on the basis of daily closing intact. A break below 1180.05 clears the way for continuing the overall trend is bearish.

Support: 1190.46, 1180.97, 1165.65, 1155.58, 1150.18
Resistance: 1200.85, 1210.45, 1220.75, 1230.36, 1243.05

[peterson]

Current market looked directionless today, in truth it had been inadequate decisiveness as well as looked confused especial over usd job data, i do believe it's going to be in very same scenario until finally there's no effective announcement or perhaps assurance from larger specialists. Nevertheless constructive that it found support upon 1625 again as well as produced a superb recovery. Nevertheless slippage under 1640 again as well as again is just not very good sign around my views.

[mirmuhammadbilal]

my dear main just eur usd par trade karta hoon gold ka bhi acha pair hai aur lakin gold ki market bohat fast hai mujhe eru usd par trade karna bohat pasand hai main es say bohat acha profit earn karta hoon daily mein

[amnag]

today i like to sell gold @ 1202.00
my stop loss of the day @ 120700
half take profit for today @ 1197.00
and further half take profit @ 1193.00

[ng1985]

pair- gold
chart analysis time frame- H1



the price is making double top chart pattern and the up movement is rejected from the resistance at 1210.00 level. this is move down side with breaking the piviot support at 1198.90 and the supporting trend line. the price may be again at the support 1180.00 level. hold the long trade with stop loss at 1150.00
good luck

[yogi07]

GOLD
analysis for today 12 / 23 / 2013


Resistance 3 1274.49
Resistance 2 1236.99
Resistance 1 1218.24
Pivot Point 1202.87
Support 1 1187.13
Support 2 1168.38
Support 3 1129.48

BUY 1218.24 STOP LOSS 1187.13 TAKE PROFIT 1236.99 OR 1274.49

[achyut]

Trading analysis for 23rd Dec., 2013. GOLD in DAILY chart shows bullish trend. At present the price is above the pivot point. Buy on the reversal and put a target of take profit at 1st resistance level i.e., 1211.17. If 1st resistance level breaks then next strong resistance level is 1244.16.

Pivot: 1198.90

Resistance levels

R1 1211.17
R2 1219.61
R3 1231.88
R4 1244.16

Support levels

S1 1190.46
S2 1178.19
S3 1169.75
S4 1161.32