Gold

[ashaab]

The trading range for today is among the key support at 1530.00 and key resistance now at 1638.00.

The short-term trend is to the upside with steady weekly closing above 1475.00 targeting 1945.00.

http://i47.tinypic.com/ndxz8.gif

Recommendation : Based on the charts and explanations above our opinion is selling gold around 1594.00, targeting 1579.00, 1552.00 and 1530.00 and stop loss with 4-hour closing above 1624.00 might be appropriate.

[simpleforex68]

I would like to analyze in long term view of the pair. We can see that in H4 chart of Gold. There is a Harmonic pattern. This is a signal for reverse. So, I think the price will make a reverse and increase strongly in today's session.
http://s16.postimage.org/7d3o957gl/Gold.jpg

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/gold.gif

For short term trader in gold there is a good technical today because if we look the chart in the picture above, gold go to up after touched monthly support level 2 yesterday in american session.

In asian market today ma 16 had crossed up ma 96 .It can indicate that the price will go up, below trend analysis today with ma system:
ma 16 as short term trend indicator= up
ma 96 as medium term trend indicator= sideways
ma 480 as long term trend indicator = down
So the trend is up weak short term

I predict the price will go up again until weekly support 2 area 1601.57

If looking mreinstein stochastic signal tf h1 & h4 in overbought area now, so before up again ,gold price may down then retrace up.

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/gold-1.gif

1. Review the movement of the GOLD yesterday : Gold opening at 1588.80 .The movement price begin with strengthening to 1590.60 then down until 1587.70 then up to 1595.70. After price fall down again reached their lowest point (1585.10) ,it retraced up to highest point at 1599.60. Gold is closed at 1593.20 (instaforex server).

2. Trend analysis today with sma system:
sma 16 as short term trend indicator= down
sma 96 as medium term trend indicator= down
sma 480 as long term trend indicator = down
So the trend is down strong.

3. Stochastic (5,3,3)/ mrenstein stochastic signal level:
tf m15: 17.06
tf m30: 11.49
tf h1: 8.42
tf h4: 14.54
tf d1: 11.00

4. Possibility of price movements today: After break dayly support 2 level price will go to 1571.17 as dayly support 3 level, but look at stochastic all tf data above, they all in oversold area .This indicates that price will retrace up before down again. If price movement up, it will back to opening price asian session.

5. Pivot,ressistance and support level this day:
p: 1592.63
r1: 1600.17
r2: 1607.13
r3: 1614.67
s1: 1585.67
s2: 1578.13
s3: 1571.17

[ashaab]

The metal is facing now the level of 1579.00, where a breach of this level might trigger the extension of the downside movement . The metal breached this level indeed, but yet further confirmation is needed. In general, our morning expectations remain valid, supported by the symmetrical triangle shown above on the chart.

http://i47.tinypic.com/sxgcop.gif

Recommendation : Based on the charts and explanations above our opinion is selling gold around 1590.00, targeting 1579.00, 1552.00 and 1530.00 and stop loss with 4-hour closing above 1624.00 might be appropriate.

[warnisw]

all banks has gold as main money! LOOK at gold monthly chart, what you see? > gold is only rising, inflation, bank of world is giving loan to to all country,;s by 1 or 2%, but where they will get these 2%? only by making another loan! and more and more money is out in forex market, and more and more money is equal to gold! gold will keep rising for ever, i know for sure, there will be many good pullbacks, because country; like USA will get economy back, and give back it;s loan, but still there are so many country's in our world!

[ashaab]

Gold slipped approaching the technical target of the symmetrical triangle at 1552.00 which also represents 88.6% Fibonacci correction as shown above on the chart. Momentum indicators are still negative, which could trigger the continuity of the downside movement , while a breach of 1552.00 and stability below it might trigger the retest of the support level at 1532.00 later.

http://i50.tinypic.com/2d9d56w.gif

Recommendation : Based on the charts and explanations above our opinion is selling gold below 1579.00, targeting 1552.00 and 1532.00 and stop loss with 4-hour closing above 1590.00 might be appropriate.

[yogesh]

Cant say what will be the bottom this time but i am confident that we are somewhere near to that - and those interested in long term investment or mid term profits should start accumulating at these levels and any downside if we see should be taken as an opportunity.

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/gold-2.gif

1. Trend analysis today with sma system:
sma 16 as short term trend indicator = down
sma 96 as medium term trend indicator = down
sma 480 as long term trend indicator = down
So the trend is bearish strong.

2. Pivot,ressistance and support level this day:
p: 1565.40
r1: 1575.30
r2: 1594.80
r3: 1604.70
s1: 1545.90
s2: 1536.00
s3: 1516.50

[simpleforex68]

Gold has decreased strongly. In H4 chart, there is a Divergence on MACD indicator. This is a signal for reverse. So, I think Gold will make a reverse to the Ichimoku Kumo Cloud and then it will continue to decrease strongly.
http://s14.postimage.org/3o591sk8h/Gold.jpg

[yogesh]

12 points sharp recovery from low so far is sufficient to convice that nulls still are hopeful. Liitle more strength and bears will be scared and will run to hide themself. Hope we have made the bottom or are very near to it.

[najaf12345]

Hi
i think today market will recover some move to upward side and hope this will be same trend the main trend of gold is bullish and its
this short time trend i hope this will continue bullish trend.

[ashaab]

According to our previous report yesterday and last week, gold declined reaching the level of 1552.00, which represents the main target of the symmetrical triangle and also 88.6% Fibonacci correction as shown above. According to Fibonacci tools, which measure the possible extension of the downside movement, we find that the levels of 1536.00 and 1498.00 are the potential zones. A breach of 1552.00 might support gold to reach these areas through extending the downside movement during the session today , based on stability below 1579.00.

http://i48.tinypic.com/2gy6jdk.gif

Recommendation : Based on the charts and explanations above our opinion is selling gold around 1555.00, targeting 1536.00, 1505.00 and 1498.00 and stop loss with 4-hour closing above 1590.00 might be appropriate.

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/gold-3.gif

Gold plunged from the highest point in the american session yesterday at 15.63.10 level. Technically ma 16 has intersected with the ma 96. Now price is going to support a daily point (1535.03). if the decline continues then it is likely the price will reach a point of support at 1535.03 weekly.

[simpleforex68]

I would like to analyze in long term view of the pair. We can see that the price is in downtrend because it is below the Ichimoku Kumo Cloud and EMA 200. So, I think the price will increase slightly to the Kumo Cloud and then it will decrease strongly.
http://s11.postimage.org/m53noewur/Gold.jpg

[ashaab]

Gold reached sensitive areas, which is the support between 1532.00 and 1498.00 per ounce. We can see that gold reached areas around the support for the main descending channel and momentum indicators are within oversold areas. Therefore, we see that gold might start an upside correction move today as far as 1498.00 remains intact . The expected bullish move is only a correction and fails with the breach of 1498.00.

http://i49.tinypic.com/2cpxny1.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold around 1529.00 targeting 1540.00, 1556.00 and 1566.00 and stop loss with four-hour closing below 1498.00 might be appropriate

[yogesh]

It looks that investors have lost their faith in gold due to non-stop selling witnesses in past few sessions, and there looks no committed investors until market succeed in making few positive sessions and try to regain the faith of investors.

[Nabi Ahmed Gill]

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

yar gold boht he zadia risky pair ha ro es main loss boht zada hota ha agr es main loss boht zada hota ha to es main profit be bht zada hota ha es laya mai es pair ko used he nahi karta hooon q k mara account main balance boht he kam ha.

[khaled24]

http://img585.imageshack.us/img585/1650/goldxh.png
Gold will reach a level @ 1520.71 which always correct its direction after hitting it , we can say that Gold is almost @ this point now , we can now buy the pair make a very good profit as usual with gold when we set the target points @ 1614.50 then @ 1673.75 , Good Luck

[simpleforex68]

I will analyze in H1 chart of the pair. We can see the price is below the Ichimoku Kumo Cloud and EMA 200. These signals confirm for the downtrend. The price is approaching the Kumo Cloud. So, I think it will be down.
http://s16.postimage.org/4ylof4pet/Gold.jpg

[ashaab]

Gold if offering upside reversal signs and that is normal with the completion of the Deep Harmonic Pattern, where its CD leg was an IM wave. We believe that there is a good chance for the upside move to resume to test 23.6% correction of CD leg at 1561.00 then move to the first target of the harmonic patter at 38.2% correction at 1582.00. Breaching areas of 1510.00 weakens the positive expectations, while a breach of 1498.00 negates it.

http://i50.tinypic.com/2cxxdp4.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold around 1540.00 targeting 1552.00, 1561.00 and 1582.00 and stop loss with four-hour closing below 1510.00 might be appropriate

[ashaab]

Gold rebounded to the upside, achieving the targets suggested before, but the bullishness stopped around the barrier of 1582.00, where the metal reverses to the downside now, affected by the negativity of Stochastic. But, in general, the intraday upside move might extend today, targeting 38.2% Fibonacci correction as shown above, as a breach of this level will support the metal to move towards 1599.00 and then 1616.30.

http://i49.tinypic.com/do4fp3.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold with a breach of 1582.00 targeting 1599.00 and 1616.30 and stop loss with four-hour closing below 1570.00 might be appropriate

[simpleforex68]

We can see that in H4 chart of the pair, the price is in downtrend because the price is below the ichimoku kumo cloud and ema 200. So, I think the price will be down soon.
http://s14.postimage.org/4akwt9k8x/Gold.jpg

[yogesh]

In last hours on friday gold has traded in a narrow range 1600 level is working as a strong resistance and despite trying several times gold was not able go beyond it - we may expect some correction or say testing 1570 level before breaking 1600 decisively.

[yogesh]

It is really good and encouraging for investors in gold that today it is trading in positive territory with some gains though it has not still succeeded crossing 1600 but if gold maintains the range i feel soon it may give a break up on upside.

[delpacing]

Gold rally, away from the 4 �-month low level, due to lower prices to attract buying physical gold. However, further strengthening of the gold may be limited due to concerns over the worsening debt crisis, the euro zone. Since the beginning of the year, gold is moving in the direction of other risky assets, like stocks, minerals, and oil, as investors prefer to hold dollars. However, some analysts see the phenomenon may soon change.

[yogesh]

My gut feelings are saying that Gold may drop down by $4 to 5 but it will soon revert back and will definitely cross its limits and will reach $1600 soon.

[ashaab]

Gold declined slight, that was expected indeed, we can see the overbought signs on Stochastic and we expect the metal to retest the first target of the harmonic pattern explained in our weekly report at 1582.00 before resuming the upside move . Stability above 1561.00 is essential for our intraday positive expectations to remain valid.

http://i47.tinypic.com/2mnrho6.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold around 1582.00 targeting 1599.00, 1616.00 and 1640.00 and stop loss with four-hour closing below 1561.00 might be appropriate this week

[kawish44]

Today gold is trading 1592 US$.i think it will soon resume its position .just watch and observe sy movement of market .

[simpleforex68]

We can see in H1 chart, there is an uptrend line of the pair. There is also an uptrend on MACD indicator. So, I think these signals will be good condition for the price to be up.
http://s15.postimage.org/u9zmasmq3/Gold.jpg

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/gold-4.gif

Gold back down again to yesterday lowest price at 1584.10. Hma 32 as short term trend indicator had changed to red colour in asian session that indicates price can go down more but in medium term trend is bull (shown by hma 192). Price is in above dayly pivot (1584.70) now, if there are big selling pressure price can break this level then down until monthly support 2 level (1581.63). But,look at stochastic indicator signal h1 is try to move up so price may move retrace up.

[ashaab]

Gold declined rapidly and currently trading below 1582.00 which weakens the strength of the upside wave yet does not negate it. We see that gold might be forming the internal bearish B wave of the Zigzag Wave (ZZ) wave that started from the trough of D point of the Deep Crab Pattern. We expect that trading above 1561.00 keeps the upside potential valid , yet stability above 1582.00 is needed once more to confirm our expectations.

http://i50.tinypic.com/2meb8xu.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold around 1582.00 targeting 1599.00, 1608.00 and 1616.00 and stop loss with four-hour closing below 1561.00 might be appropriate

[yogesh]

There are still hopes left for bulls gold has just touched 1661 and recovered few points and currently trading 1558.70 hope 1660 support is kept intact and we shall see a good pull back from here.

[nurdiantofxwave]

http://i1261.photobucket.com/albums/ii585/nurd1npntr/gold-5.gif

Gold retraced up in europe session yesterday ,but in american session it can not afford to continue strengthening and finally had to drop down until now. Presently gold fell away from the dayly pivot point (1574.00) and now it movee down to support 1 level (1554.30) ,when the level is penetrated ,then price possibility going to week low support 3 level (1551.67).

[manun]

gold is a costly metal .
it's have gd market.
it's make a gd profit who invest it.

[delpacing]

These signals have emerged since the actual sale of gold failed to hold above the $ 1,600 resisntance importance. Selloff picked up steam when the euro currency continued to pressure yanhg ahead of the meeting will take place today.
The fall in oil prices and further aggravate the sentiment for gold. Oil prices likely to decline following the Iran and the UN had an agreement in nuclear talks.
If the European crisis worsens, it is difficult for gold to move up due to the movement of precious metals is currently under the direction of the euro. When the single European currency is weak, then the investor will release its gold assets. If there is a positive outcome at the meeting later, gold may rebound.

[ashaab]

The negative pressure is still seen on gold, yet we can see Stochastic attempting to crossover positively from oversold areas, in addition to the valid ZZ wave. We still see the possibility for gold to return higher to form the bullish C wave ; breaching areas of 1529.00 and stability below it can negate our positive expectations.

http://i47.tinypic.com/166kkn9.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold around 1560.00 targeting 1582.00 then 1599.00 and 1608.00; stop loss with four-hour closing below 1529.00 might be appropriate

[yogesh]

Before 9.30 p.m. gold kept on trading bearish sideways upto little above 1530 and fortunately this support worked and made a good recovery and currently trading little 1560, hope this trend continues tommorow and hopefully it shall be targetting 1600 level.

[nurdiantofxwave]

gold had retraced up from yesterday lowest price and had break up monthly support 3 level (1551.67). i think movement of gold prices may not decline again because of being located in around monthly support 3 level and price could have retraced up from oversold area in mbfx indicator.

[ashaab]

Gold rebounded to the upside to currently trade in areas above 1561.00, which might trigger the suggested incline , where wave (B) might be completed and now the bullish wave (C) might lift the metal towards 1582.00. Consolidation above this level might trigger another bullish attempt towards the second target of the harmonic pattern. We negate our suggested incline once the metal settles below 1529.00.

http://i46.tinypic.com/2dc5t8g.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold with 4-hour closing above 1561.00 targeting 1582.00, 1599.00 and 1608.00 and stop loss with 4-hour closing below 1529.00 might be appropriate

[delpacing]

IMF report to the increase in gold holdings by central banks throughout the month of April, after the largest purchase made ​​by the Philippines, followed by Mexico, Ukraine and Russia.

Philippines adds to the purchase of 32.13 tons of gold so accumulated to 194 241 tonnes of its gold holdings during the month of March. Factor of gold purchases by central banks is still a key element to stabilize the current gold market, and is rumored to various central banks would anticipate weakening to $ 1500 to add more gold purchases.

Observed so far traded price of Gold rose 0.33% to as low as $ 1,566.34 after reaching daily highs of $ 1,569.88 and intraday low at $ 1,552.30 per troy ounce.

[yogesh]

Made good recovery from its yesterdays low of 1532 and currently trading at 1569, thus 1525 second time proved to be good support and it is good sign for bulls going ahead.

[simpleforex68]

Let's have a look at the H1 chart of the pair. We can see there is a downtrend line. There is also a reversal candlestick to confirm for the downtrend. So, I think the price will continue to be down.
http://s14.postimage.org/sz51jm0sh/Gold.jpg

[khaled24]

http://img811.imageshack.us/img811/3940/goldc.png
Gold has moved down again and become close of the strong support level @ 1521.33 (0.0%) , so we can expect slight drop for Gold then it will move up and correct its position , i suggest to buy with setting high Stop Loss to hold our position , buy with targets @ 1614.47 (23.6%) then @ 1672.28 (38.2%) , Good Luck

[yogesh]

Today being the last day of week we can not expect any major move and so we should be closing gold between 1550-1570 somewhere, so buying in range 1550-1555 and sellng at around 1565 can be good strategy.

[delpacing]

May 23 (Down to Up to 1535 & 1564) + 24Mei (Up to Down to 1578 & 1553) = cycle of meetings between Supply and Demand balance. Pivot point is 1555. SwingDown formation and may be returned SwingUp MOMENTUM bearish formation of the end.

[ashaab]

Gold provided a 4-hour closing above 1561.00, which activated our morning expectations and now we expect that the upside move might extend today , supported by the Deep Crab harmonic pattern in addition to the continuous formation of the bullish (C) wave as shown above. A breach of 1529.00 is sufficient to negate our expectations.

http://i48.tinypic.com/2817zx2.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold with 4-hour closing above 1561.00 targeting 1582.00, 1599.00 and 1608.00 and stop loss with 4-hour closing below 1529.00 might be appropriate

[yogesh]

Unlike thursday when gold found support at 1549, on friday it was support at 1559 itself and after spending quite long time around 1565 finally it break 1570 and currently trading above 1572, first target looks 1578 and breaking this we may expect 1590-1600 range back.

[bhai1]

i think that gold trading is very slow. the price of increasing and decreasing is very low. i prefer currency trading. because the price of increasing and decreasing is very randomly.

[kudro1997]

Actually gold trading is very slow.its increasing and decreasing is very low prefer currency trading.gold support 1549 on friday it was support at 1559 itself and after spending quite long time around 1565 finally it break 1570 and currency trading above 1572.so its very slow

[kawish44]

Gold trend is now a day going upward and infuture is chance to traf upward.current thread is going upward.

[puri]

I was using only 33% of my margin but the fall from 1788$ level to 1707$ was too sharp that it still burn my account - that is what made me realise i should have used lower margin even or at least used stop loss.

[100 to 1,000]

gold is very good commodity to trade because it is directly connected to the value of dollar so whatever things that affect the dollar will absolutely move the gold price.


I was using only 33% of my margin but the fall from 1788$ level to 1707$ was too sharp that it still burn my account - that is what made me realise i should have used lower margin even or at least used stop loss.

wow, i'm sorry for the loss you had. the sharp fall on gold happened way back in february. it crashed very fast very far below...
i was not looking at gold at that time though so i didn't have any position on that commodity.


this month alone the gold moved down more than $120. i think it will retrace up for a bit before it goes down further. right now, it is forming a triangle that heavily lean downward...

http://i49.tinypic.com/2myp9us.jpg

so i think it might continue down after the retrace or the second scenario is it will move up strongly if it fails to go past the previous low level.

[Sondag]

According to Aussie, I expect Gold will reach 1586.00 for today's movement. But if it is went lower than 1551.20, the bullish scenario will be fail. So, better to watch wether this pair could reacht its resistance or not.

[100 to 1,000]

yeah, i agree with you. we must have a bias when we want to enter a position but we also must adjust with the latest market condition to go with the majority of the money.

currently, oil went up almost about $7 since the last market close on Friday in the futures market. it will be interesting to see whether gold will also follow the movement in oil futures or not.

as usual the U.S. market open will play a big role in Gold trading so let's just wait for the U.S. market open...

[BDforex]

RSI is supported bullish trend line. Its pivot point is 1565. Trader can take position above 1565 with 1585 and 1599. If the trend downside the opposite scenario is below 1565 to 1557 and 1551.

[ashaab]

Gold continues trading positively after the breach of the main resistance of the descending channel amid the completed Deep Crab harmonic pattern. But currently the metal trades around the crucial level of 1582.00, which represents the first target of the harmonic pattern. Stochastic is within overbought areas, which might trigger heavy fluctuations; however, our positive expectations remain valid since gold is above 1561.00 over intraday basis and above 1652.00 this week.

http://i50.tinypic.com/ezr6ms.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold around 1573.00 targeting 1599.00 and 1616.00 and stop loss with 4-hour closing below 1552.00 might be appropriate this week

[sparkle23]

The spot price of gold hit a new record of U.S. $ 1894.15/oz and short-term increase could gather pace during the week after market participants continue to seek an alternative reserve currency.

[100 to 1,000]

just as crude oil lost the gain made yesterday the gain in gold also disappeared. probably the market is still looking for consolidation after strong move quite some time.
there is still doubt whether the market will go up or down the next trading days. so we'll just have to wait and see which side can show strength.


The spot price of gold hit a new record of U.S. $ 1894.15/oz and short-term increase could gather pace during the week after market participants continue to seek an alternative reserve currency.

are you kidding?
the price of spot gold is now at $1,571 and the highest for this year was in February and that too is below $1,894.15.

[Sondag]

Well, gold is trying to bullish but still got some difficulties. But I still expect Gold can reach the level of 1589.20 for today. And I hope it can go further to 1594.00. The scenario will be fail, only if Gold went lower than 1550.

[vampire]

Till today opening price - I see - Gold on still consolidation but with look to be more (still) bearish, I see, but with weak movement. So, because this sideways and weak movement, I see it's better to just ignore this pair setup - truly - I still see the sideways price here and no nice action to take new OP here for now = just wait and see

[ashaab]

Gold is negatively biased, while the downside pressures might continue to weigh on the metal supported by approaching the resistance of 1582.00. But, technical circumstances are still as they are, while stability above 1561.00 suggests the return of the upside move anytime.

http://i49.tinypic.com/xrf3l.gif

Recommendation : Based on the charts and explanations above, our opinion is buying gold around 1572.00 targeting 1599.00 and 1608.00 and stop loss with 4-hour closing below 1552.00 might be appropriate

[vampire]

XAUUSD on my look also on still probably more bearish - I can say this - it's because the yesterday candle look double top - so yes, on today movement, I see the nice probably more bearish here till max. to near that 1530.xx, I see. And make Sell OP here = yes nice idea with SL apply above the price 1580.xx till 1585.xx, I see.
http://i.imgur.com/H3aBN.gif

[Sondag]

When Aussie got pressure, so did with gold. Gold now is trying to reach its support level at 1531.60, and I expect some correction at that level for minimum 1500 pips. But if this pair went higher than 1568.10, the scenario will be fail.

[100 to 1,000]

what a strong move downward yesterday.
it mirrored exactly the situation in oil. so it seems that gold will stay bearish for this week.
it is gonna be interesting to see how far gold will fall.

on a second thought, it might go up a bit before plunging further down below $1540.

[yogesh]

what a strong move downward yesterday.
it mirrored exactly the situation in oil. so it seems that gold will stay bearish for this week.
it is gonna be interesting to see how far gold will fall.

on a second thought, it might go up a bit before plunging further down below $1540.

We can expect good support/buying near 1540 and so can expect a rebound last time 1530 worked as support, and this time if it rebounds from 1540 it would be good sign for bulls, in case it slip below 1525 next support may only be found at 1480

[ashaab]

Gold reversed again after reaching around 1552.00, where the metal confirmed the strong effect of this barrier. Therefore, negative pressures remain evident driven by the descending channel and Stochastic in addition to the EMA 20. In general, our negative expectations remain as they are as long as gold is stable below 1561.00 today .

http://i47.tinypic.com/25s9xm0.gif

Recommendation : Based on the charts and explanations above our opinion is selling gold below 1552.00, targeting 1540.00, 1536.00 and 1529.00 and stop loss above 1561.00 might be appropriate.

[Maham Gill]

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

bahi jan main an abi tak gold amin trading nahi ke ha esi waja sa to main na obht sara profit be earned nahi ka ha or waasa be main es forum main newbie hoon ro agr ap na bohtt he achi or best trading karni ahto ap ka accoutn main boht sara acha or best balance hon chayia .

[sspences1989]

Gold ma trading karna ka liya kafi ziyada experience ki zarorat hoti ha kyun ka is ma trading karna asan nahi ha ma na gold ma trading ki thi tu mujha kafi loss hua ha is liya is ma traDing karna ka liya kafi ziyada tawaja or experience ki zarorat hoti ha

:good:

[yogesh]

1531 level against worked as good support and it got a nice bounce back from that level and gold is again trading/consolidating at around 1565.

[vampire]

The volatile price movement = yes still shown on this gold pair (XAUUSD). I see - till now - this is not nice idea to make OP here because of this volatile movement price. Just wait and see. Then, on the big trend, this pair still to become more bearish, but for now I see the sideways with quite high volatile still look here = near the price 1560.xx. Just ignore this setup candle = I see, it's better idea, of course for now.
http://i.imgur.com/zSbgB.gif

[Sondag]

Surely Gold trading is very dangerous. But take a look at the support and Resistance level for today. Gold has rejected by the resistance level at 1567.40 and its created the 1st support level at 1547.20 and 2nd support at 1535.10. I expect some correction from that S&R level for minimum 500 pips.

[yhayhax]

Gold has been trying to confirm the range of 1560 but still not as strong support for providing a strong bullish momentum where the gold is still stuck in 1570 and confirming it as the range of Resistance so morning session today on the pair traded fell below the range is the range of 1550 1560. Momentum gold in the morning session today is Bearish. Beware when the pair confirmed the range of 1550 as a potential gold Resistance then traded back down and re-testing the 1525 support. Conversely, if gold managed to confirm the range of 1550/60 as the support it would be potentially traded gold rose and tried to trade back up to the 1580 range again.
Range Gold has been trading with 9.75 points at 39% of the Average Range 25.27 and has traded down -0.44% to +0.04% High and Low -0.59% from the close of trading yesterday.

Intraday Resistance 1560 - 1580 - 1600
Support intraday 1525 - 1500

[100 to 1,000]

We can expect good support/buying near 1540 and so can expect a rebound last time 1530 worked as support, and this time if it rebounds from 1540 it would be good sign for bulls, in case it slip below 1525 next support may only be found at 1480

yes, your prediction is spot on. the price of gold did go below the $1,540 level but i came right back up quickly just as i expected too.
if gold price is going to follow the oil downward move then we will see a big move happening next week.
but if not then we might see a ranging trend based on the behavior of the price on last week and this week.
afterward we might also see a breakout but the detail might only be found next week.

[simpleforex68]

Let's have a look at the D1 chart of the pair. The price broke out the downtrend line. Moreover, the MACD is above the zero line. Based on these signals, I think the price will increase strongly soon.
http://s8.postimage.org/838xbjps5/XAU.jpg

[aamu]

yar gold boht he zadia risky pair ha ro es main loss boht zada hota ha agr es main loss boht zada hota ha to es main profit be bht zada hota ha es laya mai es pair ko used he nahi karta hooon q k mara account main balance boht he kam ha.

[Melsayed]

My Weekly Analysis:

The gold this week succeeded to close upside the previous week high point so in my opinion that the next week it will continue in up steps


1253


When we look in the daily chart i see some correction towards down may it reach 159x level and then it will raise

1254

[delpacing]

According to technical analysis, recovery of the gold price will reach the target in the area of ​​$ 1.640 / oz and above this level signaling potential of the gold movement toward the target 1.700 USD / ounce. Silver is still weak month ahead. Metals will move approximately $ 26 - $ 30/ons. The price of gold at $ 1,616.70 / ounce, down $ 9.60, silver at $ 28.40/ons, down 28 cents, platinum at $ 1.441 / ounce, down $ 2, and palladium at $ 609.20/ona, down $ 2.80 from its closing price.

[100 to 1,000]

Gold slows down after rising sharply last Friday. Restrained by 50.0 Fibo fan daily. In my opinion, gold will fall to the level of daily pivot at 1598.70

yes, i agree with you.
but it is showing a weakness as of now (the time i post this).
will go down erasing the gains made on the last hours last week? or will it only retrace to later on move up?
the candle is showing a triangle pattern but we are still unsure to which side the price will breakout to...

[khaled24]

http://img687.imageshack.us/img687/7652/goldsg.png
As we see on the included H4 chart , there were a bullish candles last week which made the Gold more closer of the downtrend line shown , so with some more slight rise we can sell Gold on the long term and achieve high profit , selling now will require high stop loss to hold position , i suggest to sell with target @ 1570.00 , Good Luck

[simpleforex68]

Let's have a look at the H1 chart of the pair. We can see that the price is in uptrend because it is above the Ichimoku Kumo Cloud and EMA 200. So, I think the price will retrace to the Fibonacci 32.8% level and then it will be up.
http://s17.postimage.org/zfl4rydy7/Gold.jpg

[bu'd]

Good afternoon. Greetings I am a new user. if I may ask a question, what is most affecting gold price movement. when there are many factors help explain the most influential factor. thank;s

[100 to 1,000]

Good afternoon. Greetings I am a new user. if I may ask a question, what is most affecting gold price movement. when there are many factors help explain the most influential factor. thank;s

hi. welcome to indian-forex.com

i hope you enjoy this great forum. but this is really not the correct place to ask such question because in this thread members only discuss the live market condition regarding Gold.


gold price is showing signs of going down. it revealed a downward triangle pattern on the h1 time frame and in the h4 time frame it also showed weakness and lean downward.
maybe it's only temporary as the crude oil futures is already going up and both gold and oil price is related.
but we need more confirmation about this...
maybe it will reveal more when the New York market opens later this evening (morning in U.S.).

[yogesh]

Gold is narrowing in smaller range and is finding it difficult to stay and trade above 1620 but todays low was also higher that goes positive, it looks that gold shall consolidate some more time before moving up further.

[abdillahikbal]

for trading gold I do not dare go because it takes a lot of trading in all the ammo and take a lot of leverage in the fund, the gold demo account I became confused when moving very quickly and lightning-fast circuitry must also be a bit of my balance which is the I hesitate to trade in this market

[sobissa]

Gold gives the signals become strong again after shutting down today candle Anekaah strong when the 38.2 Fibonacci on the Daily Frame + parts of the stochastic approach of saturation

http://hh7.an3m1.com/Sep/an3m1.com_c247717e401.png (http://hh7.an3m1.com/)

[sobissa]

Gold due to the 23 regions of Fibonacci as I expected him yesterday, but his father Odhan will close out the descending channel on the frame but the daily stochastic is become my order at the parade areas means that we will see more downside coming days

http://hh7.an3m1.com/Sep/an3m1.com_9bbcf18fa51.png (http://hh7.an3m1.com/)

[aamu]

nahi dost aap wrong ho..
gold main jitna movement hota hai utna kisi pair main ni hota hai...
gold ek hi din main 100-200 points up down ho jaata hai or eska sprds high hota hai so profit bi currency ke mukable jyda hota hai.

[BDforex]

Long position is preferable at 1553 with targets 1594 and 1608 as next targets. If it goes to below 1553 then we expect downward movement at 1545 and 1530.

[sobissa]

Gold is moving as I expected him in the previous posts and is now trading within the channel became depressed and this is what will make us see the gold tends to fall more

http://hh7.an3m1.com/Sep/an3m1.com_5ce7bb13551.png (http://hh7.an3m1.com/)

[waleedkhan]

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

mujh tu kafi nukhsan howa hai gold ki waja say mera sara balance khatam ho gaya hai gold ki waja say ab mera pass koi balance nahi bacha hai trading account may.

[sobissa]

Gold closed on Friday, candle candle reflectivity explicit closed on 23 Fibonacci gives the possibility for the return of gold to 38.2 parts of next week

http://hh7.an3m1.com/Sep/an3m1.com_428606c8ba1.png (http://hh7.an3m1.com/)

[sobissa]

Gold is trading between 50 and 61.8 Fibonacci levels of 61 Fibonacci support is a strong stochastic gives the signal for the drop but it is better Alantdhar access prices for 61 regions, or fibonacci retracement Fibonacci close above 50 to enter a long position

http://hh7.an3m1.com/Sep/an3m1.com_aea832e03e1.png (http://hh7.an3m1.com/)

[sobissa]

Gold is trading between 50 and 61.8 Fibonacci levels of 61 Fibonacci support is a strong stochastic gives the signal for the drop but it is better Alantdhar access prices for 61 regions, or fibonacci retracement Fibonacci close above 50 to enter a long position

http://hh7.an3m1.com/Sep/an3m1.com_aea832e03e1.png (http://hh7.an3m1.com/)

[njoroge5]

trading gold is the most rewarding and understing and the most rearding in these kind of life, you get to love and make money out of a lot of many mistakes, forex is everything and when you know you can make money trading forex is what you should do.

[Pioner3]

The objectives were achieved in gold and now you can go up the more that has drawn new signals. And the new goal. We go to 1607 and 1640.Takzhe dollar index falls this hour, the dollar depreciates.

[sobissa]

The possible return of gold to fall because he finds it difficult to break the 50 levels of the Fibonacci price as long as the Fibonacci under 50 we are in decline, and closed above it will be heading upward

http://hh7.an3m1.com/Sep/an3m1.com_cacf4574e11.png (http://hh7.an3m1.com/)

[Pioner3]

Gold on the H1 chart continues to grow, this hour, it is trading within a channel, I have on it are long, feet hidden behind the level of support in 1606, and the breakout day high in 1614, I have dokuplyu aimed at me near the top of the channel.

[Olig]

Gold today still able to be fixed above the level in 1600 and after etogo it well grown up, this time for growth to overcome the resistance level of 1622, and this breakthrough will pave the way to around 1638, when rebound can go to the bottom of the channel.

[fxcelebrity]

"when you owe a little money and can't pay ..you are in trouble, when you owe a lot of money you are in real big trouble and a lot of pain. but when you owe so much money and other people keep giving you money as they fear if they don't you wont pay. then you are in a very powerful position"
:yahoo:

[Irika]

Gold is found today not bad growth, this time for further movement in the north to overcome the resistance level of 1623, I think the breakthrough will take place, indicates Ichimoku signal 3-line signal continued growth.

[Gutsalo]

Gold shows a classic step-growth, the breakdown level, securing higher penetration level and the continuation of a trend indicator .. just shows what can beat the increase in metal, I think the support price will be 1614 and the estimated goal of 1637 ...

[Pioner3]

Gold continues to trade in the uplink, a few hours ago the price once again strayed from the bottom sloping support line, and this time it can be expected to continue growing north, I think the level of 1628, 1637 must endure.

[sobissa]

Gold may rise again and penetrate the cloud of como span narrow region shown in the picture

http://hh7.an3m1.com/Sep/an3m1.com_f212ef93801.png (http://hh7.an3m1.com/)

[Pioner3]

Gold is again approached the level of support and an inclined bottom of the channel, today, gold continues to trade with little or no change, I think at the approach to this line will rebound and the continued growth of gold in the flesh to the level of 1637.

[BDforex]

The RSI is mixed bullish. Long position is preferable above 1608 with price targets 1629 and 1640. If it goes to below 1608 then we can expect downward movement 1600 and 1588.5 as price targets.

[Vamos]

The MACD histogram is still located in the positive zone, wee stopped at about the same urovne.Ostsillyator stochastic is in overbought zone close to the south and razvorachivaetsa .. So I think there may be a rebound from a very strong resistance to 1633.00 ...

[Macintosh]

Gold approached the level of resistance and hid until they can be seen that the graph razvorachivalsa no bottom, but also on the sample is still too early to say, the indicators show almost the same, so the easiest way to zarabatat money is to keep them ... so I recommend to wait for clarification situation ...

[purohit]

Now its best time to make long term investment into gold as we see recovery of EU zone in next few days and gold will arise with that to i buy it and aim to sell in next two months hpefully this will give me expected return i make this analysis after consider all facts.

[s.chandna]

Silver :

The dealing go for these days is among the significant assistance @ 1498 and the key of level of resistance @ 1511.
The common over temporary base is to the benefit focusing on 1511 as far as area of 1520 .

[zahed11]

Comex gold in the division of the New York Mercantile Exchange traded in a choppy, as some investors took over on Wednesday and dollar rebound, however, prices will remain well supported until agreement is reached to raise the U.S. debt ceiling

[simpleforex68]

I would like to analyze in long term view of the pair. In H4 chart, the price is in uptrend. So, I think the price will decrease slightly to the Kumo Cloud and then it will increase strongly.
http://s14.postimage.org/mgv2whqyp/Gold.jpg

[Alfredo]

XAU/USD

XAU/USD has been moving up, it has resistence at 1629.9 and next level of resistence afther that will be 1632.05. For support we have 1618.45 and 1.613.77 At this momentIs near a 0 fibonacci number, price is trading at the moment below yesterday low. Last time price was at that level had a good reaction i expect this level to hold.
Today Daily Pivot point for this pair is 1623.335

[erespe]

Gold likely to fall to a level of 1619.45, before finally going up to the 1641.20 level. Overall, Gold is still in bullish pattern.

[simpleforex68]

I would like to analyze in long term view of the pair. In H4 chart, the price is in uptrend. But the Ichimoku Kumo Cloud is flat. So, it will attract the price to the Cloud. Then it will be up with the uptrend.
http://s9.postimage.org/xtzirps0f/XAU.jpg

[Md.shazedul islam]

Gold is a dense, soft, shiny, malleable and ductile metal and is a chemical element with the symbol Au and atomic number 79.

Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a transition metal.

[Vamos]

Gold is still testing the strength of a very strong resistance level of 1630 ... judging by the picture above, all the bulls are running out at the top of the price level, so that soon will be waiting for the breakdown, I think if the price rises and to consolidate above 1640, it can fly at least in 1670 ...

[Pioner3]

Gold continues to trade without major changes, the price has just approached the level of resistance in 1630 think of it most likely will retreat to the south, this time in gold there is no power to break through this level.

[sobissa]

Gold look out the gold from the cloud at Como Span to make sure of the Ascension, but if he could not get out of the cloud will go back down again

http://hh7.an3m1.com/Sep/an3m1.com_744dc1f4331.png (http://hh7.an3m1.com/)

[Olig]

On gold formed an interesting situation, gold is trading now, inside the channel, the price closer to the lower boundary of the inclined channel, we should expect from him retreat to the north, I think the minimum target is the upper limit.

[Alfredo]

XAU/USD

XAU/USD has as support 1.618.98 and 1.614.01. Last time price was at that level had a good reaction. At this moment the pair is moving down1626.25 is the next level of rsistence, will meet 1629.94, if it breaks 1626.25. Price is trading at the moment below yesterday low. Is near a 0.78 fibonacci number.
Today Daily Pivot point for this pair is 1624.033

[hazem ahmed mohamed]

i think that we should sell GOLD now as we have a resistance level@1629.12 on the daily chart so i predict that gold will move downward our tp1@23.6% where we have a resistance level.

[joru]

I was using only 33% of my margin but the fall from 1788$ level to 1707$ was too sharp that it still burn my account - that is what made me realise i should have used lower margin even or at least used stop loss.

[shiva]

Gold was down $9.3 to $1618.8. The precious metal was above its 20D MA (@ $1596) and above its 50D MA (@ $1613).

[purohit]

Gold has made good recovery from the recent low of 1624 and has achieved the target of 1665 today but now it look tired, i would expect reversal to 1650 and 1640 though crossing 1672 may change the sentiments and it may again walk towards 1700.

[erespe]

Gold will probably go down first to the 1612.00 level. And after that, is likely to rise to the level of 1627.80
Be careful when it rises, then stops abruptly around daily pivot/1622.24, because there also exist LWMA100, could indicate that there is strong resistance that can not be skipped.

[Vamos]

The MACD histogram is still located in the positive but close to the signal line with padaet.Ostsillyator stochastics is close to oversold and falls, a very good level of bears recaptured in 1633 and now trades go under the moving average with a period of 20 and round off the price back down ... so that we can fall ..

[Olig]

Gold continued to fall today, the price has managed to break through the bottom of the channel in which it was traded for several days, it seems the dollar continues to grow in all fronts, this moment, waiting for an appropriate price to sell, I think the gold target-1589.00

[Macintosh]

All the same, pushed the gold bears, well, it is very volantilny push out, it could very easily make, and did not even ask for a name??, But still viewed the level above which the 1620 hard to climb, so I think if you stand up, the first goal of 1580 and the second in 1560 ...

[Irika]

Gold on the hourly chart very potter but on a larger time frame is still a sell signal on the indicator Ichimoku yesterday, the price strayed from the resistance in 1630 + - and from it I would expect that the rate reaches to the bottom of the cloud.

[sobissa]

Gold is heading for the drop, as I said yesterday that if he did not come out of the cloud Como Span will return to land and this is what happened As for the future direction we close under a cloud on the Como Span Frame four hours to expect more from the landing

http://hh7.an3m1.com/Sep/an3m1.com_399c4c92961.png (http://hh7.an3m1.com/)

[mahmoud mohamed tawfik]

short positions at 1598.7800 with 1588.2600 target

the brakout of 168.6100 will call for a rebound towards 1625.4500

http://www5.0zz0.com/2012/06/21/08/988006598.gif (http://www.0zz0.com)

[Pioner3]

Gold over the past few days has shown a good falls, the price is now closer to the next level of support-sloping line, and that the price is significantly below have not yet allowed, I think that from this line will increase.

[roncos]

Gold opened at 1612.15 level of 1626.35 on Friday's closing level last week,
but gradually rose again toward success before moving in the range 1629.80 1623.00 today.

[Irika]

Gold has worked fine yesterday two Ichimoku sell signal, I'm still covered the short position until the price is not able to overcome the Ichimoku cloud, if it would still be able to break through the level of 1583 I will sell again.

[simpleforex68]

Let's have a look at the H1 chart of the pair. We can see that the price is in downtrend because it is below the ichimoku kumo cloud and ema 200. So, I think the price will increase slightly to the Kumo Cloud and then it will decrease strongly.
http://s7.postimage.org/wusz772ez/Gold.jpg

[Olig]

Gold is now very much fallen against the dollar, is now evident is a strong tendency to strengthen the dollar, oil prices also made the next month lows, I think that the goals of the gold will be located near the supports 1527.

[yogesh]

This is second time in this month when gold was returned back from the resistance of 1633$, currently gold is trying to find support between 1560-1570. Again we can expect good buying again near and below 1550 which may again help gold make a nice pull back.

[sobissa]

Gold punched him in the last predicted response for me to land price fell yesterday and he became strongly touch the broken trend in the past may begin to see some rise but we have to wait for the closure of the day predicted a future price

http://hh7.an3m1.com/Sep/an3m1.com_bf1a434af91.png (http://hh7.an3m1.com/)

[yogesh]

Despite so many recent ups and downs good thing is gold still holds above 1500 and each time it went below 1550 witnessed good buying - so i am positive about gold and feel it wise to collect at lower levels as value buyers will not let gold make a big fall.

[Macintosh]

In general, gold is in a downtrend for the past week has fulfilled a very strong resistance in 1630, fought off a double top, and then the bear on Thursday, are now found another metal mini level of 1560, but in my opinion this is a temporary stop, think will continue to the main trend ...

[arif01]

Forex is online trading. So it may be risky or not be risky what ever it. I can easily trade with Forex online trade in all time. People those who are unemployed they can work with forex in ideal time. People Those who are employed then also work with forex in rest time because it is on line programe and it is always open

[sobissa]

Gold closed the week bearish candle on the frame but I expect to see the daily rise after contact with the pair of fractions Trend

http://hh7.an3m1.com/Sep/an3m1.com_d49378edb61.png (http://hh7.an3m1.com/)

[mahmoud mohamed tawfik]

short positions at 1568.36 with 1551.48 target

the breakout of 1585.70 will call for a slide at 1605.3300


http://www8.0zz0.com/2012/06/25/08/743443127.gif (http://www.0zz0.com)

[maroc89]

weekly

the trading range for this week is expected among the key support at 1520.00 and key resistance now at 1640.00
the short term trend is to the upside targeting 1945.00 per ounce as far as areas of 1520.00 remain intact with a weekly closing

[alamgir92]

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---------- Post added at 05:58 PM ---------- Previous post was at 05:50 PM ----------

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---------- Post added at 06:05 PM ---------- Previous post was at 05:58 PM ----------

Not only it gives us money but also it give us a good exprience for information technology so that we join in hear known everything in this world.

---------- Post added at 06:12 PM ---------- Previous post was at 06:05 PM ----------

When we writ in hear that time we no lose our extra money. And it give us a good mind for work. so that we have no time lose.

---------- Post added at 06:23 PM ---------- Previous post was at 06:12 PM ----------

Forex is a online compine so some riex in hear and mane frofite in hear. we work in hear every moment when we do because it is an online program.

---------- Post added at 06:33 PM ---------- Previous post was at 06:23 PM ----------

it is a golden compine because it gives us money, exprience and we known what is internet and how we use it. and taried in this compine.

[kharisma]

gold is the favourite commodity in trading,,,, because the volatile of gold
is high so we can get much opportunity to get profit...

[AMIT]

gold is the favourite commodity in trading,,,, because the volatile of gold
is high so we can get much opportunity to get profit...

the volatility of gold trading is higher than other trading. you can get high profit and can get big loses here. so be careful about that.

[maroc89]

buying gold around 1550.00 targeting 1580.00,1615 and 1640.00 Stop loss below 1520.00

support 1555.00 1520.00
resistance 1580.00 1616.00

[Olig]

Gold is a 4 hour chart has formed an ascending channel, today the price approached and strayed from the bottom of the inclined lines of support, gold continues to form the northern tide, the first goal I think is about 1600.00.

[yogesh]

Gold has posted 12$ gains today, it looks that gold is targing 1590 level, i would like to be careful on buying higher levels - gold was unable to cross 1533 resistance even in second try and so investors will be more careful going long this time.

[yogesh]

The RSI is supported by a rising trend line. Long position is preferable above 1565 with price targets 1596 and 1604. If the price goes to below 1565 then we can expect downward movement 1554 and 1543 as price targets.

Well i think it will not be easy to break and trade again above 1600 soon so 1590 level should act as big resistance and a decline is expected then if again 1560 is broken it will seek to beg support from value buyers in 1530-1540 range.

[sobissa]

The gold / rose gold metal the first day of trading this week as I expected him in the last post to me, but now has found resistance at the Como Span makes cloud husband finds it difficult to resume the upward trend

http://www5.0zz0.com/2012/06/26/12/538387841.png (http://www.0zz0.com)

[Olig]

Gold drew on the daily chart is very interesting picture, price is not allowed below the support level of 1527, is also noticeable sloping support line on which the price is a little to the north today, there was a retreat from this line, the goal is about the level of 1630.

[Irika]

Gold came to a number of very strong support level - sloping line of support, and horizontal support 1574, and + even lower limit of the Ichimoku cloud, the price today is very much fallen and can count at least on the north correction.

[maroc89]

The trading range for today is expected among the key support at 1530.00 and key resistance now at 1640.00.
The short term trend is to the upside targeting 1945.00 per ounce as far as areas of 1520.00 remain intact

[ayusri]

gold trading more capital than trading forex because gold is more expensive and very fast movement of gold can go up and down a thousand points so it's very difficult for our predictions, we should have enough experience to be able to trade gold for gold to move quickly once above average curency mayor, for gold trading capital if we are only a few thousand dollars we can trade 0.1 lots just so we could get a gold trading profit from this, but it is very difficult if we are trading with a capital of one hundred dollar gold trading gold is no better than forex trading because forex can also generate a profit and loss if the loss could be measured, but gold is gold can also rise and fall faster than gold curency will be no limit stops at 00:00 because he could not round the clock trading gold but generally we can know when the movement so great, especially when trade usa and if we want to trade gold but little capital there is a curency that we can rise and fall of the same tradingkan such as gold tetpi less capital he curency should we be looking to profit from forex with gold ..

[mahmoud mohamed tawfik]

short positions at 1565.9400 with 1553.1100 target

the breakout of 1580.070 will call for a rebound towards 1600.1800

http://www9.0zz0.com/2012/06/27/08/274069324.gif (http://www.0zz0.com)

[maroc89]

The trading range for today is expected among the key support at 1530.00 and key resistance now at 1640.00.

The short term trend is to the upside targeting 1945.00 per ounce as far as areas of 1520.00 remain intact with a weekly closing.

[Gutsalo]

Gold retains the low-walking trend, with the opening of the trading week went a little pullback to the north, but then he got out of the moving average with a period of 200, so that the lateral movement I think 1585 will be a good resistances, and the goal for gold is still thinking in the south ....

[sobissa]

Gold closed yesterday in bearish candle today as well and still moving in a downward trend but I think we are weak we will come back for the rise after touching the broken trend

http://www5.0zz0.com/2012/06/27/13/532118827.png (http://www.0zz0.com)

[zahed11]

that will move up a few more days for 1650 or 1660 to buy what is now dangerous because we have an expectation of any fall, because there were some large increases in recent days, lets wait to start a fall.

[yogesh]

Since a week now gold is trading in range of 1557-1587, currently trading at around 1573 taking support at around 1565 we can expect the range to broken to upside but if 1557 is broken we can expect some more down side.

[woody77]

The pair is trading along an sideways trading pattern.
An uptrend will start as soon, as the pair rises above resistance level 1578, which will be followed by moving up to resistance level 1592.

[Rashel Patoary]

India's gold imports could pick up in the second half of 2012 if record prices ease but annual volumes will still fall about 30 percent after a tax hike, which could crimp demand until 2014.

[maroc89]

recommendation
staying aside awaiting further confirmation
Support 1565.00 1555.00 1544.00 1532.00 1526.00
Resistance 1586.00 1600.00 1608.00 1616.00 1630.00

[Irika]

Gold is now very much blew to the south, and even managed to break through and drop a local minimum of the month, I think as long as you can forget about the growth in the near future, I personally look forward to continue falling in the flesh to 1530.

[Gutsalo]

Today, the gold went below 1560, I think, to confirm a bear market is now important to gain a foothold below this level, well, then the purpose of the mark in 1530 at least for the last 9 months .. very interested in how to behave at a level ...

[sobissa]

The gold / fell today when a cloud of Como Span also was the site because he touches the trend which has already broken, I expect to return for the rise of his own, especially now that the stochastic gives the signal for the rise

http://www2.0zz0.com/2012/06/28/19/721814569.png (http://www.0zz0.com)

[fxquest]

Gold is again looking weak and trading at around 1551, the point to worry is that it is closing at these levels and so we may expect further downside tommrow hope the support of 1530 will work this time too and we shall get a good bounce back at that level.

[yogesh]

Gold favoured eur ths time which sudden marked 200 pips increase, hope the rise is maintained and we shall find gold again trading going to 1630 mark.

[mohamedsaleh]

hello all friends of Forex market
i want to ask you what is the amount of deposit do i need to trade in gold chart ???
one of my friends says that you have to deposit at least 2000$ to be stable in the market is this true?

[fortuna]

Looks like gold is trending lower lately, it can't be even stay above 1600. I can forsee gold moving sideways for a while before drifting downwards to 1400. I won't short gold because of its strong fundamentals.

[kaisaralamin]

Gold ka 1 bahut strong resistance lagta hai 2000 pe...waise to is point kop todna thoda mushkil hai lekin agar gold upar nikal gaya to fir iska down trend itnio easily nahi aayega..
So for gold i would recommend you guys to wait and watch

[PTTLegend]

if i not mistaken, according to some fluctuation analysis of the gold trend, this time is not appropriate to jump in investment :(

[Gutsalo]

By and large, gold is now located in the lateral movement is once again push to the north of the breakdown of the moving average with a period of 200 and above the level of consolidation in 1580, so it probably will again move to the north in 1630 ....

[theniceone]

what will be the position of Gold on the market opening . we should purchase ?

[erespe]

Gold is still likely to continue bullish. Correction is possible up to the level of 1584.30, but I choose gold will go up today. The target will lead to a level of 1618.27.

[zahed11]

DJIA rally Last Nite .. Movements were common gold head CCY comm .. avergence as we go gold rates .. It was a noise signal ... small to predict the

[ashaab]

http://i46.tinypic.com/2dakqdu.jpg

The price open today above the strong nice resistance above the 20 Day MA which indicates a nice bullish signals as long as the price cannot break and close below the 20 Day MA. two scenario developed here the price either touch the upper green trendline or the price consolidated here and again falls down.

[mahmoud mohamed tawfik]

short positions at 1587.87 with 1576.550 target

the breakout of 1599.95 will call for a slide at 1615.4200

http://www14.0zz0.com/2012/07/02/10/269325071.gif (http://www.0zz0.com)

[Miki]

If we analyze the hourly chart we can see gold forming a converging triangle, gold, after strong growth continues to fall to the south and at the break of support in 1588, I probably selling to about the level of 1580.

[Olig]

Gold as expected (after such a strong growth), Monday went to the southern correction and traded almost unchanged, but the couple went to the support level of 1585, I expect him to resume growth in the north.

[6365]

Today is a most happiest day for those who open a trade of Gold and keep it live overnight in last friday.
Cause it open with a big gap.So it gives so much profit to them who keep open it.
Now it depending on any news from US.

i saw there is no gap in Gold for this week in IFX terminal, but today its forming dogi candle we may see some good fall on tomorrow be ready to buy in dip

[sahed_a]

gold

The main theme that gold to a discussion of the mystery of Yeh Hain Bana. The last members of the Ku Carney Salake Karta Hoon Yeh I Swagat.

[yesaya84]

when gold traded in the range of 1600 to strengthen and confirm it as the support it would be potentially traded gold rose to 1625 range. Conversely, if the range of 1600 to confirm gold as the gold Resistance would be potentially traded down to the range 1586 to 1560 again.

[ashaab]

http://i45.tinypic.com/35jxa4z.jpg

Gold is in Bullish movement as long as the price is move above the 20 Day MA. If any one is buy the Gold than the stoploss can be set below the 20 Day Moving Average. As long as the price move above the 20 Day MA the more probably bulls continuation.

[mahmoud mohamed tawfik]

short positions at 1604.1600 with 1588.1300 target

the breakout of 1611.9500 will open the way t o 1624.1500


http://www11.0zz0.com/2012/07/03/08/656080813.gif (http://www.0zz0.com)

[Miki]

Gold today has continued to rise yesterday, the price even managed to break through yesterday's high, Ichimoku signal shows three lines signal the continuation of the northern movement, the goals I think will be around 1619, 1630.

[erespe]

Gold climbed to follow the trend line Fibo fan. I think gold is still possible to rise to the level of 1625.50. After that, be careful, because the gold was above third resistance, reversal might occur.

[Olig]

Gold is now greatly increased in value at any time, may begin southern correction, the price today made ​​a serious bid to increase (breached the resistance level of 1600), now have to wait for the correction of purchases.

[room]

gold ko abi 163X level par achaa resistance mil rhaa hai. gold two time es price ho hit kar chuka hai lekin esko cross ni kar paaya hai.
agar gold es level ko cross kar leta hai to ham eska 1700 tak uptrend main continue dekh sakte hai.

[sobissa]

Gold has become the metal tends to rise and is now encouraging more purchases, especially if closed today outside the cloud Como Span, I think we will reach the top of the Trend

http://www5.0zz0.com/2012/07/03/17/666314595.png (http://www.0zz0.com)

[room]

nahi dost aap wrong ho..
gold main jitna movement hota hai utna kisi pair main ni hota hai...
gold ek hi din main 100-200 points up down ho jaata hai or eska sprds high hota hai so profit bi currency ke mukable jyda hota hai.

[6365]

nahi dost aap wrong ho..
gold main jitna movement hota hai utna kisi pair main ni hota hai...
gold ek hi din main 100-200 points up down ho jaata hai or eska sprds high hota hai so profit bi currency ke mukable jyda hota hai.

Gold me $100 movement bi hota hai, jitna o girta hai untna dubara upar jayega isi liye jab gold girta hai usi samay karid karna hai

[yesaya84]

Gold traded higher on the trading session yesterday where gold is traded to support a range of 1625 after confirming the range of 1605 / Upper Gap as Resistance. movement of the pair in the session this morning is Bullish, see 1625 is still acting as the Support Resistance trading session this time will be 1605 which is the range that has been violated Upper Gap up on the trading session yesterday. Instead beware when gold had traded rose above 1625 and confirming it as the next Resistance Support it will be seen the range of 1645.

[Marki]

Gold got to the sloping level of resistance, and after a strong growth (which occurred last 3 days) course from this line went to hang up, I think the wave will continue south into the flesh to the level of support for 1600.

[Macintosh]

Gold is slowly without any jerks but still shows growth, ahead of a very strong resistance at 1633 which could not penetrate the metal several times, especially in such a market like today fletovogo forward movement of the instrument ...

[Miki]

But the gold is not very clear situation, go on sale signals crossing the green line ching span the price chart from top to bottom, and "dead cross" if the price will break through the cloud of Ichimoku is a reversal in the south.

[fizmhd]

i have tired gold ..several times ... but always end up in loss ... i have never tried much in trading about gold ... some body please suggest a good resource on gold trading ...

[6365]

i have tired gold ..several times ... but always end up in loss ... i have never tried much in trading about gold ... some body please suggest a good resource on gold trading ...

enter in some dip level, now its not good time to buy just wait till it enter in $15xx region and buy target some $20-$30 then your trade will end in profit

[erespe]

I chose to follow the bullish trend. But since gold moved sideways yesterday, it is necessary to note the following levels.
If the 1619.60 level been broken, then the possibility of gold will skyrocket to a level of 1639.30.
Or conversely, if the 1611.00 level been broken, then gold will slide to as low as 1588.50.

[6365]

I chose to follow the bullish trend. But since gold moved sideways yesterday, it is necessary to note the following levels.
If the 1619.60 level been broken, then the possibility of gold will skyrocket to a level of 1639.30.
Or conversely, if the 1611.00 level been broken, then gold will slide to as low as 1588.50.

right there are some good chances of touching 1640 level and then we will see again correction for the This week bullish movement. NFP may make Gold to drop

[hazem ahmed mohamed]

i think it is better for us to wait until the gold retest the moving down trend shown on the H4 chart then after reaching this trend we can sell gold with target point @61.8% as we have a support level @ this level .

[6365]

I still remain bullish trend for this pair. I expected this pair may broke 1621.25. and reach 1625. for todays movement. But the scenario will be fail only if this pair went lower than yesterday's low at 1611

I am expecting it hit 164x level after that there might be some correction to 15xx level. for now its giving some strong resistance to USD even major pairs are falling

[Miki]

Gold is close to the upper boundary of the Ichimoku cloud, and as much below the price of the border do not want to start up, it seems the North is preparing to rise, I think that the goal for today will be the level of 1630.

[Marki]

As gold continues to fall to the south, there is a sliding door stop the formation of a wave (from the oblique resistance level), now the price is stuck near the short-term level of 1597, when his breakthrough to be 1585 and 1550.

[aum]

mujh tu kafi nukhsan howa hai gold ki waja say mera sara balance khatam ho gaya hai gold ki waja say ab mera pass koi balance nahi bacha hai trading account may.

[Miki]

Gold today has continued to fall to the south, it worked perfectly Ichimoku sell signal, my main goal still is near the lower boundary of the Ichimoku cloud - the level of support in 1585.

[6365]

(Gold) is moving above the upper band of its bearish channel
The gold just found support on 1550 points and is currently trying to rebound on 1580 points as resistance.

$155X will act as some good support, i think we will see drop for one more day to reach that support level, after that we will reversal wait till that level and buy

[Macintosh]

In my opinion a little bit dangerous to sell gold now ... there is a trend the last few times before you go in one direction did the price jump to the next, gathering foot and was in the right direction ... I think if you pierce the lower limit of 1530 traffic will be clean and bistros ... but now the floor side ...

[omit]

OVERVIEW CHARTS HISTORICAL QUOTES
Market closed
$1,583.00
-26.40 -1.64%
Volume
155,234
Jul 6, 2012, 5:14 p.m.
Quotes are delayed by 10 min

[amero]

For me I did not try trading for gold by I do not know why. I heard in the time that point in gold equal to 10 times the point in the currency of any if you win, one point will become the profit of 10 points P trading on the currency and also in case of loss so I did not think trading him fear of great loss

[hemaelsisy]

the price will decrease to the trend line if he close trend line with daily candlestick we will sell gold to more level if the price does not break trend line and increase to up we will wait break up trend line

[mamaali]

Forex business trading business ha. Forex ma business karnaka lia es ka barama ganna bohat jaruri ha. forex business ma gold ki business bohat acha ha. gold sa bohat pasa milaha muja aur apkovi mil sakta ha.

[erespe]

Gold still has the potential to continue the bearish toward the 1556.57 level, but if the price made ​​it through the daily pivot (1589.17), then there is a chance to rise to the level of 1602.33.

[Miki]

Gold. Price was able to break through the cloud base and strengthened steadily below it, just tried to break through the resistance of the gold in 1583, but strengthened above him he was not given, indicating that excess force bears.

[Olig]

Gold continues to the north correction, it even managed to strengthen the resistance above 1582, and the price of closed-hour candle above it, opening the way for further growth, the dollar has also begun to decline slightly, until the target level of 1600.

[erespe]

Gold back below its daily pivot (1585.23). Then the possibility of gold going down to the level of 1577.87, with possible further to a level of 1568.83. But if the price was back above the pivot, the possibility of gold could rise to the level of 1594.27.

[nirjon]

thanks brother for sharing the information.but i don't know how safe to trade with gold.brother can u tell me plz,whats the minimum capital need to trade with gold safely.waiting for ur answer.

[rana157]

i just started Forex trading,and now in a loss of 4000 $.my only fault was using a large volume and fluctuation is really too bad for beginners. and for small account holders.

[Miki]

Gold is now demonstrated a very good growth in the north, came to the cloud top and otbilos for further growth should be strengthened to overcome the cloud, and above 1600, then the goal of 1610.

[Olig]

Gold is once again took to the south, the price has just approached the sloping short-term support, and so far not been able to overcome it, maybe from her home north of correction after such a sharp fall.

[Macintosh]

Gold is still not sufficient enough to go into liquidation either side, there are now some stops at 1575, if you look a little wider picture can be seen that the trend is down, so wait for the breakdown down and expect the price of 1530 ....

[cozard007]

I am feeling on top of the world with the gold trading these days. Gold is moving towards my direction. The gold will still have to move in a long retracement since it rallied more than neccesary.

[ashaab]

http://i45.tinypic.com/2dtdvro.gif

Gold still trading in bearish area and the price also move below the that lower Bollinger band 20 SD1. And 20 Day MA is still act as a strong resistance for this bearish trend. There is nice sell setup on smaller time frame.

[erespe]

Gold is currently approaching daily pivot (1576.80), if the pivot been broken, then gold will likely rise to the level of 1589.80, but if it fails, gold will fall to as low as 1553.70

[Miki]

Gold is also the second half of the day was in the remedial stage of the North and came to yesterday's penetration level of 1577, above this level it could not be strengthened, and now it looks like the beginning of fall to the south.

[Gutsalo]

I believe that gold still maintains a bearish mood, now trades go below the level of resistance in 1578, and the price is similar to that formed a double top, so that you can go with a short stop, calculates that the trend is still going ..

[ashaab]

http://i49.tinypic.com/jgs97c.jpg

The main trend is still bearish as long as the price move below the 20 Day MA. yesterday the bulls pullback the price which is just a bull's correction. The bearish movement becomes more strong when the price breaks the lower Bollinger band 20 SD1.

[VS89494899]

Thats a great topic indeed. i think that after oil its the most valuable raw resource. the oil is used to be called as the black gold. on that matter is represents how valuable it is. most of the countries nowadays reserve their currencies as gold regardlessly to be safe and secured.

[shahidasma]

in Forex markets Gold trading is very essay and very difficult ,because who person they trades in Forex about metals that Gold is very much complex.Gold trader are highly risk and quickly profit able.i am not interested in Gold trading ,because i always Analise in gold market ,news and profit so much.

[fxtrader]

Long trem chart for gold shows that risky level of 1590 is ahead and it'll touch the higher end to stay stable in market.

---------- Post added at 01:08 PM ---------- Previous post was at 10:29 AM ----------

More update: Gold got strong selling support at 1580 level... it it not sustain its position it may test the level of 1552 once tonight.

[fxmaster3565]

Gold is hard to crack the nut of 1600, looking solid below this level and also there are lots of buyers around the 1550 level. Lets wait and see the movements in coming week

[oashi100]

The trading rang for today is among the major support @ 1498 and the key of resistance @ 1511.
The general over short term basis is to the upside targeting 1511 as far as area of 1520 . Initial support at 1490 (Jun 27 low) followed by 1485 (76.4% retrace of 1462.45-1558.25). Initial resistance is now at 1526 (June 24 high) followed by 1523 (Jun 23 high)

[erespe]

Gold re-test its daily pivot (1583.33). If successful break, gold will likely fall to as low as 1552.73.
But if it fails, gold will probably rise to a level of 1601.26.

[sazzad]

Gold is a commodities and it has biggest movement in this market ever from the another any commodities and currency pairs, about 1000 to 1500 pips movement occur per day in this market and i think in future Gold price will be higher more and more.

[Miki]

Gold is now still managed to get out of the flag and continued formation of the northern mid-wave (broken upper sloping line), is now open to the target level of resistance of about 1600 + -.

[ashaab]

http://i49.tinypic.com/rh2u1k.gif

The short term trend of the Gold is to the upside. Intraweek trading range of the Gold is expected among key support at 1520.00 and key resistance at 1640.00. Based upon my chart analysis, I prefer to stay aside from the Gold until we get a confirm setup for the upcoming big move.

[fxmaster3565]

Gold looking weak it can touch it's years low once again the below target may be 1400. If it goes across 1550. Hoping that in mind sold gold at 1593.6 to gain some profit.

[Gutsalo]

Gold continues to lateral movement, as a long-term charts and short-term, so that the scope of trading tomorrow on the 1593 - 1578, if there are breakdowns levels may fly away somewhere, but until quite difficult to go far ...

[fxmaster3565]

Hi, looking for gold to close below 1585 today. If it does we can expect tomorrow to the gold to drop below 1550 once again. These are the current analysis in gold.

[nurul]

Gold is above 50 day moving average. Mid term bullish gold. Next resistance is 1622 .:yahoo: hope will get some money from gold

[mahmoud mohamed tawfik]

long position at 1594.7700 with 1604.100 and 1615.9400 as next targets

the breakout of 1586.7100 will call for a slide at 1573.8800


http://www12.0zz0.com/2012/07/17/08/833467263.gif (http://www.0zz0.com)

[Miki]

Gold continues to trade in a rising channel, the price has just approached a number of strong support levels - the upper limit of the Ichimoku cloud, as well as the lower boundary of the channel, I see them growing.

[ashaab]

http://i50.tinypic.com/wqow1g.gif

The short term trend of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1520.00 and key resistance at 1640.00. Based upon my chart analysis, I prefer to buying the Gold above 1583.00 with targets 1600.00 then 1615.00 and stoploss is below 1570.00.

[uttkal]

Hello to all,
I never traded gold want start trading as gold is more profitable. But cant understand how to anylise it. I am using scalping in EUR/USD and GBP/USD pair by using some indicator. But I heard only special indicator work on gold and metals. Please help me to gold trading. Suggest which indicator should I use for Gold.

[Olig]

Gold is a few hours ago otbilos from the upper slope of the channel, and fell into a good price, it is now closer to the bottom oblique border, I think we can expect a retreat to the north of that line.

[fxmaster3565]

Gold has dropped to no mans land which no one has expected or predicted. It touched the lower level of 1571 and now it making its way to 1590. Which is good signs. If it does close today above 1590. Tomorrow it may touch 1640.

[yogesh]

New York Mercantile Exchange, the futures trading of gold for August delivery at 593.85, USD1 dollars an ounce in early European trading, up by 0.15%.

Looks that you left 1 and you mean 1593.85 price, well today was highly volatile, it slipped to 1571 and then again crossed 1590 but now is under correction again and flirting near 1580, it would be good now to buy these correction for the target above 1590, again keeping 1570 as stop loss.