Gold

[erespe]

Gold back below the 1582.68 level, this would bring gold to the levels between 1569.77 to 1557.03. I think, to buy the commodity is not the time, at least wait until the price hit 1544.39, to take a long position.

[mahmoud mohamed tawfik]

short positions at 1576.740with 1571.0900 and 1563.9700 as next targets

the breakout of 1583.3700will call for a rebound towards 1592.2100

http://www9.0zz0.com/2012/07/18/08/741205934.gif (http://www.0zz0.com)

[Miki]

Gold is now very much blew to the south after the breakdown of the lower boundary of the Ichimoku cloud, the underlying trend has changed now and it is the south, we should expect a further reduction in the price of gold in 1555.

[ashaab]

http://i49.tinypic.com/2dinj4o.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 stay aside from the Gold until we get a confirm setup for the upcoming big move.

[Olig]

On gold as you can see a downward channel, the price feels good boundary of the channel, now a couple came up to the upper slope and significantly halted the movement seems to be a retreat to the south.

[mahmoud mohamed tawfik]

long positions at 1580.2100 with 1585.9300 and 1592.2100 as next taregets

the breakout of 1575.7100 will call for a rebound towards 1569.990


http://www4.0zz0.com/2012/07/19/08/109250173.gif (http://www.0zz0.com)

[Miki]

Gold today has shown good growth in the north, and again the price is above the Ichimoku cloud, after rising the price has just gone south adjustment, you need to wait for the correction and resumption of growth.

[ashaab]

http://i46.tinypic.com/xpzl84.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 1570.00 with targets 1600.00 then 1640.00 and stoploss is below 1550.00.

[erespe]

Gold was watching the level of 1582.68, after yesterday failed to pass this level. So if this level is broken again, then gold will probably rise to the level of 1607.85, which is safe to continue the bullish point. However if Gold stays below the level of 1582.68, is likely to have the potential to go down to the 1562.33 level.

[mturk2007]

Attempts to stop the price of gold again positive when the moving average of 50, to keep the price stable without it, so the expectations of the trend remains bearish and likely list for today is also supported by the negative offered by stochastic.
*
Expected trading range for today is between: Support and Resistance 1555.00 1598.00
*
General tendency is expected for the day: the downside

[Miki]

Gold has just broken through the lower boundary of converging triangle, the most outstanding overall market sentiment, a tendency to strengthen the dollar resumed, the goal of the gold-level of 1570.

[mouheb]

The August Gold futures grew to 1591.5 dollars per troy ounce today on the COMEX. They were supported by the decreasing of the U.S. Dollar’s rates.

[ashaab]

http://i46.tinypic.com/2bpjlx.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 1570.00 with targets 1600.00 then 1640.00 and stoploss is below 1550.00.

[yogesh]

Gold is not getting comfortable at 1590 levels and so is trading below that level, if on monday it again breaks 1580 we can expect it to go to its support of 1571.
Here are standard pivot for gold:

R3 1,592.20
R2 1,589.10
R1 1,585.90
PIVOT 1,579.70
S1 1,576.50
S2 1,570.30
S3 1,567.10

[ashaab]

http://i50.tinypic.com/2pttr9x.gif

The short term trend of the Gold is to the upside. Intraweek trading range of the Gold for this week is among major 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.

[erespe]

Gold likely to descend to the level of 1562.20. The trend is still bearish since gold failed to pass the level of 1582.68. But if the level is successfully passed, gold will probably rise to a level of 1589.00.

[atiqrehman]

its support 1570 and its goes to 1585 its time to take profit from it

[Miki]

GOLD today continued its fall to the south, and came to the medium level of support for 1568.50, the chart that the price is considerably slowed down a little bit about the fall of this level, can rebound to the north.

[hichamoiv]

L'or n'est pas de se familiariser � 1590 niveaux et ainsi se n�gocie en dessous de ce niveau, si le lundi il se casse � nouveau 1580 nous pouvons nous attendre pour aller � son soutien de 1571.
Voici pivot standard pour l'or:

R3 1,592.20
R2 1,589.10
R1 1,585.90
PIVOT 1,579.70

[yogesh]

Gold is finding it difficult to cross 1579 level, some resistance was expected at this level, now the range is 1563-1579, hope gold shall manage to break it towards upside in the morning.

[yogesh]

letest trend is doen trend agar 1530 pe hota hai to 1526 tak ya 1524 tak loss hota hai

So many times gold has got amazing support at 1525-30 levels and it has boosted traders confidence, we even do not think of levels below these, whatever even at current levels risk is limited but reward is quite big for those want invest long term.

[erespe]

I think gold is going down today. 1554.47 level may be a target. But if the price can rise above the 1582.68 level, gold will probably rise.

[ashaab]

http://i50.tinypic.com/jsezk3.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 around 1560.00 with targets 1690.00 then 1610.00 and stoploss is below 1545.00.

[mahmoud mohamed tawfik]

short positions at 1575.9300 with 1570.7800 and 1565.2100 as next targets

the breakout of 1579.9600 will call for a slide at 1585.1100

http://www3.0zz0.com/2012/07/24/09/732862898.gif (http://www.0zz0.com)

[expert]

Generally womens are used to gold its buying cost is very high its loss to money that can not used poor pepoles.sometimes moved to around up and down gold price.i do not like it.

[mturk2007]

Trading price of gold Bmih downward very slightly since the morning, and therefore, no change to the proposed scenario the morning, which remains firmly in place without trading 1595.00
*
Expected trading range for today is between: Support and Resistance 1550.00 1595.00
*
General tendency is expected for the day: the downside

[katol]

If we look in day chart than we can see gold is not able to cross its lower trend line and again in day chart it made hanging man candlestick patter. so there is a signal to move in up direction and other down movement we can see at resistance trend line near 1600.00

I also saw that price movements in gold so far and an average of a thousand pips in one day, this makes the trader who has an accurate analysis can quickly get a profit from it. but otherwise is dangerous for traders who are beginners.

[mahmoud mohamed tawfik]

short positions at 1582.3100 with 1577.6100 and 1572.6200 as next targets

the breakout of 1586.8700 will call for a rebound towrds 1591.4300

http://www12.0zz0.com/2012/07/25/07/702998399.gif (http://www.0zz0.com)

[atiqrehman]

today gold is high at 10$ its bec exchanges are low today i think it touch 1595 day .

[Miki]

Gold is now well risen in price once managed to get out of converging triangle, the price is now trading above the Ichimoku cloud, and even managed to break through the resistance of 1597.00, for purchases should be held so that a breakthrough 1600.00.

[mturk2007]

Shows a positive trading price of gold since the morning, touching levels of 1590.00, while still trading below the moving average stable 50.
*
Thus, our expectations for the downward trend remains firmly a list price below 1594.00
*
Expected trading range for today is between: Support and Resistance 1550.00 1595.00
*
General tendency is expected for the day: the downside

[yogesh]

As now gold as successfully managed to cross 1600 level and is trading around 1607 we may expect that it shall move for the target of 1625 any downside should be bought until it goes below 1595.

[forexctg]

Gold means commodities, I think gold has more fluctuation in this market then the currency pairs because i think in one day gold can go 2000 pips up and down which is very risky for the trader and for this i think before trading in the gold market trader have to gather more knowledge about this market.

[expert]

The Gold till now - still look sideways but with more probably to be more bulls = because here was formed a two bulls candle and also we can see the TCCI look bulls. But, because the price candle movement still weak move = I see - the wait and see action = better choice till now.

[mahmoud mohamed tawfik]

long positions at 1608.8200 with 1620.6800 and 1631.9700 as next targets

the breakout of 1599.8500 will call for a slide at 1589.1400

http://www11.0zz0.com/2012/07/26/07/862089017.gif (http://www.0zz0.com)

[expert]

The Gold for now look to become more bulls = we can see from the TCCI line now = still green color. The MACD also on look yo become more bulls. On my see for today movement = gold want to touch that 1617.90. So, search for nice Buy Op on smaller TF = better. Please note : now if you see to the 1H TF = the probably to bearish correction first = yes, here.

[mturk2007]

Small-scale control over the trading price of gold since the morning, which keeps the proposed scenario am standing unchanged.
*
Stability above 1595.00 the most important factors to achieve the expected positive.
*
Expected trading range for today is between: Support and Resistance 1585.00 1629.00
*
General tendency is expected for today: rising

[marwa]

XAU/USD has shaped a symmetrical triangle of bottoms letting us think that the bearish movement should pursuit.

To stay close to our last analysis, we are neutral between 1580 and 1600 points. We advise to wait an exit of this range to take positions:
- Long above 1600 points. The breakout of 1620 points will give a new buy signal
- Short below 1580 points. The breakout of 1560 points will give a new sell signal.

Most agressive traders could trade the gold according to the key level at 1590 points.

[ESSADRY]

if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high,Initial resistance is now at 1550 (June 1 high) followed by 1577 (All time high).

[100 to 1,000]

3135

in my opinion the price of gold is on a sideways mode and probably will break to the upside because as we can already see that the price of gold in h4 already formed the first top and the first bottom of a sideways channel. so we will have to see whether the price will form the 2nd top and the 2nd bottom.

[neajctg01]

In the time gold market is not so good . you wait some time market is update now trade cerfuly .........

[mturk2007]

Continued the upward trend to control the movement of the price of gold yesterday to close a large-scale lateral resistance at 1629.00, and highlights the importance and sensitivity of this level of penetration that will push the price towards a more upward trend in the long and short term intraday.
*
Overall, we expect to see more positive for the day, to remain stable trading above the 1596.00
*
Expected trading range for today is between: Support and Resistance 1585.00 1640.00
*
General tendency is expected for today: rising

---------- Post added at 11:57 AM ---------- Previous post was at 07:08 AM ----------

The price of gold is trading positively heading towards the pivotal resistance expected at 1629.00, noting that the stochastic enters overbought areas to provide opportunities for some of the recoil downward from the level in question.
*
In general, the expectations remain positive list for the day and that requires stability above 1596.00
*
Expected trading range for today is between: Support and Resistance 1585.00 1640.00
*
General tendency is expected for today: rising

[Miki]

Gold has come to an area of ​​resistance levels 1623-1630, while shopping, you can forget about, you just need to wait for a breakthrough and consolidation above 1630, but the Ichimoku signals to the north, still waiting for breakout of 1630.

[marwa]

The Gold pair on still nice bulls. the probably price to more bulls max. to touch that 1640.61 (for next several days) . Otherwise, the pullback bearish can still play for just bearish correction, I see. So, just be careful and use the Wise MM for trade with this pair.

[yogesh]

Today again gold shall be closing another day in beautiful gains, though today it could not surpass 1630 level but as the trend is looking bullish and hot we expect this should surpass the resistance of 1630 in a day or two.

[Fmfx]

Base on financial Astrology I believe its time for gold to sell, thou we see some little up move on August 1st, but the down will prevail till second week on August.

Regards

[Macintosh]

It looks like gold is retained in the corridor of 1530-1630 ... the dollar's decline slightly pulled to an increase in asset .. but now there is a stop on high level .. so what are waiting for the breakdown of a strong movement or settling down and ...

[expert]

The bulls trend still can probably here but with weak movement because = we know that now price enter to the supply area. I see = The max. bulls price movement = it can be touch to near the resistance 1640.61. Then, after that = the probably price to consolidation first near that supply area = yes can probably here, I see.

[marwa]

we can see that the pair has closed it's daily candle above 1800.00 so that's means that up trend is expected and the pair might head to 1850 and the 1865 but also the hourly correction is expected before continue in the up trend

---------- Post added 07-29-2012 at 01:31 PM ---------- Previous post was 07-28-2012 at 05:52 PM ----------

signal for bullish is appear i think because this pair can close above level 1.6000 and this pair might goes to level 1650 for next week,but if price goes down break level 1550 this pair will continue for bearish trend and reach level 1500 again ,good luck

[mahmoud mohamed tawfik]

short positions at 1617.0400 with 1609.7100 and 1601.7100 as next targets

the breakout of 1623.1600 will call for a slide at 1631.9700

http://www14.0zz0.com/2012/07/30/08/570276774.gif (http://www.0zz0.com)

[mturk2007]

On the time frame for half an hour, the price of gold appears to model the composition of the top of a double sub-neckline resides at 1615.00
*
Break of this level will pay the price for re-test levels between 1600.00-1598.00 before returning to resume the upward trend is likely for the coming period

[expert]

Gold (XAUUSD) on my see till now still to be more bulls max. to touch that resistance 1640.61.. But please note : Now price on near that supply area = this mean the bulls price movement will be look with small move fist, I see. But, yes, search for Buy OP = better

[Marki]

Gold had just managed to break through the upper limit of the downward channel, and then exploded to the north well, it seems the trend is resumed, the goal today should be the level of 1625 (the maximum of the week).

[atiqrehman]

Gold is good in previous week and i think in this week it will new high .but beware it will be down on some news . to day Gold high at 1623 and trading low at 1614 all day it is trading in between these line

[Miki]

Gold is virtually did not respond to two signals at the Ichimoku sell, it clouds after Prorva not gone to the south, and now it seems once again gaining momentum on the growth, I think should be the goal level of 1628.00.

[expert]

The big trend still on Bulls (daily TF). Then, I see this bulls was weak because now price move near that supply area (above that 1616.61). on may see this will probably ti just sideways first near that supply area. But, yes, probably price to max. bulls = this can be touch to near that resistance line at 1629.22. I see

[Miki]

While on the hourly chart noticeable sloping support line, the price just went up into a tight to her, and several times already strayed from her, I think it should be expected from the renewal of the northern movement.

[Olig]

It seems that gold is still preparing to retreat south, the price still is not able to overcome the long-term resistance level of 1628.00, as MASD showed a sell signal, which was confirmed by 4-hour candles.

[Gutsalo]

Well, now that gold is holding support at 1610, ahead of a very strong resistance of 1630, so it is not complicated to say clearly where to go forward to the breakdown of one of the levels ...

[Rozumovski]

Do not want to drop the gold price .. reverted back to 1630 ... resistance on the daily chart we see a narrowing triangle ... I think the breakdown in the verh.tseny to 1670 should reach at least ...

[d3d3]

Technical Outlook and Chart Setup:
Taking into account the chart above, let�s examine how the ideal breakout scenarios materialize. And gold has shown a better example for the same.
Step1: Out of the cone resistance line, shown as the breakout candle above.
Step 2: Backside test of the Cone Resistance line turned support now.
Step 3: Ready to rally again.
If one needs to enter into the rally and take maximum advantage, this is the time to do so. We recommend buying at current levels.
Trading Recommendations:
Hold on to long positions, build more now. Target 1650 and 1700 at least.

Published: 2012-08-01 07:49:01 UTC+00 4 hours, 6 min. ago

[yogesh]

Gold has made good recovery and managed to cross and close above 1600 sentimental level currently the price is 1602.70, bias is looking up and hopefully we are again moving towards 1630 level. 1595 shall be important level on monday if gold managed to remain above this level it shall be good.

[bigearners]

Gold has made good recovery and managed to cross and close above 1600 sentimental level currently the price is 1602.70, bias is looking up and hopefully we are again moving towards 1630 level. 1595 shall be important level on monday if gold managed to remain above this level it shall be good.
If gold pair broke 1595 level, then their may chances of further downfall or what will happen in that case. Kya aap mujhe bata sakte hain ki isske baad kaunse sa support level hai agar Gold 1595 ke level ko broker kar deta hai toh, par mere hisaab gold will move upside as all major currency pairs shows good upside movement in European session.

[fxmaster3565]

August month is the month waiting for Gold. Gold wants to test the level of 1550 one in this month to fear the bears.

[ashaab]

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

The short term trend of the pair is to the upside. Intraweek trading range of the pair is expected among key support at 1545.00 and key resistance at 1670.00. Based upon my chart analysis, I prefer to buying the gold above 1590.00 with target 1630.00 then 1670.00 and stoploss is below 1560.00.

[ashaab]

http://i48.tinypic.com/2ir7n8p.gif

The short term trend of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1670.00 and key resistance at 1640.00. Based upon my chart analysis, I prefer to buying the Gold above 1600.00 with targets 1630.00 then 1670.00 and stoploss is below 1670.00.

[erespe]

Gold looks rejected by the support level at 1607.85, then gold will likely rise to the level of 1621.73, with possible further to the level of 1628.09. I don't think short position will be an opportunity now.

[Rozumovski]

Gold is a good start gouge resistance. Puncture and fixed - are growing. Retreat from this resistance may be only a breathing space to continue the assault! IMHO! And do not forget about the false breakouts, trade carefully! While, in general, I now see as bearish. See!

[Viki8]

Bought a bit of gold, the overall trend is still north, the price is above the Ichimoku cloud is also clearly visible for the 1609.00 level of support that can be well hidden stop on this level, I expect continued growth.

[adnan_aziz]

yar mai tou wese new hon forex trading business main aur mai ne is forum per hi suna hai kay gold trading bohot risky trading hai aur bohot expensive bhi hai aur is ko karne kay liye kafi experience ki bhi need hoti hai.

[dollar]

the chart is showing that the pair has closed it's daily candle above the level of 1608 , and that's mean that the up trend is still standing and the pair might reach the level of 1615 today . good luck..

[ashaab]

http://i50.tinypic.com/2ms2ao2.gif

The short term trend of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1570.00 and key resistance at 1640.00. Based upon my chart analysis, I prefer to buying the Gold around 1600.00 with targets 1630.00 then 1670.00 with stoploss is below 1570.00.

[Viki8]

Gold is now once again resumed its growth, completed the remedial stage, the price began to actively grow, like heading to a maximum of a week in 1616, it was about him is still my goal, to the south do not watch at all.

[Orel]

It is likely to rise to 1620 in the near future.

[irfi mp]

Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high. it can rise..

[dollar]

uptrending is expected because of the trading now above the level of 1610 (pivot point) and the pair might continue in it's upmovements heading to level 1620 after make hourly correction first i think , good luck .

[yogesh]

On friday again the instrument got good support at 1604 and made a swing to 1625, it is good for bulls going ahead, and now the targets of 1630-1650-1670 looks more likely to be achieved soon.

[100 to 1,000]

3676

the price of gold has hit the upper bound of a relatively long range bound. we are not sure whether it will still go sideways in the next few weeks or not. if we want to play into the sideways trend we must wait and see whether the price will reverse down or break and go up.

[simpleforex68]

The price broke the 1618 level and on the way to previous high at 1626. I think the price will fluctuate in this range for a long time because there is no support news for today session.
http://s10.postimage.org/nacyw99a1/Gold.png

[RidoyRx]

Gold become 1617 is very recent. So i open sell order. But some indicator still buy signal at this moment. MACD, RSI, ADX & MA give me buy signal & My analytic give me sell signal.

[alskndry]

this pair is on bullish strong trend as we can see from the chart in friday this pair is going upward so high,this up trend might continue today and its might goes to level 1630 but i think correction will we see first before reach that level..

[Gutsalo]

!!! Gold is still not pleased with their ... volantilnostyu metal moving in a very narrow, as for myself, the corridor ... there is a small sample in 1618 and the opportunity to get to the resistance in 1630 ...... but I still will not be higher than expected in 1630 normal of the gold market does not have to ....!!!

[dollar]

Gold is touching the support level at 1610.95 now.
Then, if Gold can falls and break the yesterday's low at 1606.70, Gold may continue going down and try to reach the next support level at around 1594.70.
But if fail to break, Gold may goes up again and reach the resistance level at 1624.27

[alskndry]

momentum for bearish is on the way i think because of this pair down deeply yesterday so this pair might continue for down movement today reaching level 1605 again but if this pair going upward break level 1615 this pair will continue for bullish trend and can reach level 1620 again..

[RidoyRx]

Gold: The Gold prices grew on the rumors that the European Central Bank may intervene and support the euro. The cost of the August gold futures peaked at 1623.9 dollars per troy ounce on the COMEX today.

[Emma]

Gold on the hourly chart managed to enter the Ichimoku cloud, while the further growth it prevents strong resistance level 1600, if the price still will be able to overcome this mark, the aim will be resistance 1608.1614.

[Tyler7]

Gold traded in recent days with little or no change in the daily chart you can see already formed a converging triangle, forming the main trend in the breakout happens one of the boundaries of the shape, you need to follow to break through it.

[erespe]

Gold is moving above raising MA100, so we will assume it for a bullish. With the price was touch resistance level 1619.13, I think gold will continue to rise towards 1628.10. From that it is possible to continue to rise, or rejected and fall again.

[zola18]

Move the price of gold on the same narrow range since morning stable in the mid-distance between the SMA 50 and pivotal resistance 1629.00 1604.00 provided stability above

[zola18]

Continued to rise to the top of the metal as it hovers around 1625.00 levels nearing pivotal resistance levels note that the current levels, which then trading the metal very important
*The level of support 1575.00
resistance level *1650.00

[Emma]

Gold went to great growth after the break strong resistance at 1628 opened the way for further growth, to now become a standard in 1650, the price is also steadily strengthened in the Ichimoku cloud.

[Rozumovski]

But finally managed to get gold is very strong resistance level 1630, which was held from the beginning of the Maya, if you think a normal consolidation following objectives for the metal in 1670 is ... well, let's see what the breakdown is not very strong and that tomorrow again did not go back .. .

[erespe]

Gold was broke the 1634.73 level, so it will likely going up towards next target at 1663.19. However, if it back below 1634.73 level will bring gold to go down to see 1628.09 level.

[Tyler7]

Gold finally managed to identify any trend though, the price has broken through the upper limit of a converging triangle, while there is a consolidation of about 200 moving, if the price would be able to overcome it and I'll buy it.

[erespe]

Gold still chase for 1663.19 level, once this level is broken, gold will continue rise towards 1682.50. But if gold down below its daily pivot (1647.60), then gold may fall to as low as 1634.60

[alley]

Prices are en route to test a major falling trend line set from the August 23 2011 peak, now at 1663.13, after breaking resistance in the 1620.45-35.70 congestion area. A break above this barrier would mark a significant bullish trend development and initially open the door for a challenge of 1680.00. The 1620.45-35.70 area has been recast as near-term support.

[omar555ak]

BUY FROM: 1636.68, T-1: 1636.00, T-2: 1641.36, T-3: 1650.03
SELL FROM: 1627.33, T-1: 1624.01, T-2: 1618.65, T-3: 1609.98
:good:

[chama]

the price of gold is giong up after the american fedral bank who give a signal that it will be a Q3 very soon to insentive the amerian economy

[forex sagor]

I think it is a good decision. If everyone post here update it will helpful for trader

[shozeb]

well jaisa ki gold 2dino me kafi high jata gya hai aur mumkin hai ki abb yeh kuch niche aaye lekin thoda time lag sakta hai isme toh mere khayal se jinke account me accha capital hai unhe gold ko long term trade k form me sell kar dena chahiye...

[erespe]

1663.19 level now become a strong support for gold. I expect gold will still continue to rise as the level was broken yesterday. I hope gold will touch 1687.43 level. But if it fall below 1663.19 level, then gold may fall to 1649.50 and touch the MA100 line.

[Emma]

For gold seems scheduled turn to the south, on the hourly chart MASD painted + divergence of Ichimoku. "Dead cross" - the intersection of two moving, but to wait for the sales breakthrough Ichimoku cloud top.

[esif]

Gold 23 August 2012












Prices are en route to test a major falling trend line set from the August 23 2011 peak, now at 1663.13, after breaking resistance in the 1620.45-35.70 congestion area. A break above this barrier would mark a significant bullish trend development and initially open the door for a challenge of 1680.00. The 1620.45-35.70 area has been recast as near-term support.

so it means the possibility is both 1680 and 1620 level, as far as i think with the strength gold is currently have, gold may try 1680, and i can not say that gold will go for beyond the 1700 level or not, but still i am confused..

[Rozumovski]

Gold continues to be in strong growth, which began last week ... but the indicators hint at the hourly chart the divergence ... but I think the first signal on the sale will be the breakdown level until 1655 ... and growing and very confident ...

[yogesh]

Last few days gold managed above 1665 level well and that was looking for bulls but found the strong resistance at 1677, now today it break 1660 level and slipped down, to 1657, until it again move above 1665 and there shall be worries for bulls and once 1677 is breaken the gates for 1700-1720 shall be open.

[David7]

For gold like the hourly chart was bearish channel formation, a few hours ago, there was a retreat from the lower boundary of the channel, and now is the formation of the northern wave, aim the upper limit 1667.

[dollarsmagic]

my next target for gold 1648.00 ")

[ashaab]

http://i49.tinypic.com/x3i8n8.gif

The short term trend of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1640.00 and key resistance at 1700.00. Based upon my chart analysis, I prefer to buying the Gold above 1650.00 with targets 1675.00 then 1700.00 and stoploss is below 1635.00.

[mirafx05]

Gold is very important elements.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 and a group 11 element. It is one of the least reactive chemical elements solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains in rocks, in veins and in alluvial deposits. Less commonly, it occurs in minerals as gold compounds, usually with tellurium.

[Emma]

Gold seems to complete the correctional stage and again to resume northern growth, the price has just approached the Ichimoku cloud top (level 1668) in his breakout will be buying in the main trend.

[ashaab]

http://i48.tinypic.com/2428sjt.gif

The short term trend of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1640.00 and key resistance at 1700.00. Based upon my chart analysis, I prefer to buying the Gold above 1650.00 with targets 1675.00 then 1700.00 and stoploss is below 1635.00.

[amr amer]

If gold colse daily under 1650.00 (the uptrend)it will fall dawon

[arpanet88]

Gold is continuously go upwards, before trading on gold be sure you have enough margin money. Its good part is that it gives a very high profit.

[yogesh]

Today gold shed some gains and is trading around 1655 now. Still the 1950 support is intact, and considering the bullish strenght gold is good buy above 1650 target 1670-1775. Breaking 1640 downward on closing basis may change scenario.

[ashaab]

http://i50.tinypic.com/23jl2r6.gif

The short term of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1630.00 and key resistance at 1700.00. Based upon my chart analysis, I prefer to buying the Gold above 1650.00 with targets 1675.00 then 1700.00 and stoploss is below 1633.00

[Emma]

while there is a high probability repulsed from the resistance level in 1663 to the south, near a number of strong resistance levels (Ichimoku cloud top and sloping resistance level to medium.)

[klmmnn]

XAU/USD
SELL
Entry :- 1655.77000
TP1 :- 1655.58024
TP2 :- 1655.39050
SL :-1656.14954


Do not enter any Order never reverse trend
Define TP & SL IS VERY Important
This is just a sign could have been right or wrong so be warned

[Rak]

Mera to idea yehi hai GOLD 1656 se kum se kum 1700 tak jaye ga us ke bad is main short postion li ja sakti hai .Is se pehle to sochna bi nahi chahiye. kyo ki GOLD ki international demand kabhi ghatam nahi hoti or treders is ka faida lete hai

[yogesh]

Even though 1650 level is still intact but as market is trying to stay below 1660 it looks that the fire is fooling down and it may well slip down to find support at 1640 1630 levels, it is still a buy market till 1650 is breaken.

[Emma]

Gold continues to work two Ichimoku sell signal, the price even managed to overcome the cloud top, also visible sloping resistance line, I wait until the support break 1652, and then selling.

[Emma]

\\\/Gold continues to work two Ichimoku sell signal, the price even managed to overcome the cloud top, also visible sloping resistance line, I wait until the support break 1652, and then selling.//

[alley]

Gold: The cost of the August gold futures on the COMEX fell to 1652.2 dollars per troy ounce on Wednesday as investors cut their opened positions before the meeting of the heads of the central banks of the world which will reveal on the Fed monetary policy.

[yogesh]

After breaking 1650 to downside today gold made a sharp recovery breaking previous resistance and is currently trading at 1687 level, 1700-1722 level clealry looks now as the next target above 1684 it is in full bulish mode and i expect will excellerate further on monday.

[hello927]

Gold is good option for trading but it requires extra efforts because gold is most precious metal in the world and now a days there are mush increase and decrease value of gold. So anybody trying with gold must know the current market situation and also he must rely on news because news play an important role in trading and specially in Forex.

[fxcropoz]

PENDING ORDER DAY-5 (Modified-03)
COMMODITY: GOLD
BUY LIMIT: 1688.30 & TP: 1695.80 SL: NA
CURRENT PRICE: 1693.70
Lot Size: 1/6000 from the current equity.
Note: if someone want to follow this signal, U may set SL at 1682.30

[Jobs]

Well, today gold is not showing its strong growth, and vice versa histogram shows a divergence, and graphs show the estimated retracement levels which I believe can price down so there should be a correction can not spontaneously fly ....

[mdyeasinkhan]

If gold dont cross the 1686 level then the uptrend will be continued.
We can get clear trend at the end of this week.
This week has many important news which can change the trend....
So this week is important...

[alley]

Gold is currently testing the upper limit of its medium term bullish channel at 1,698 suggesting a decline. However, a break of these levels will release a good potential and initiate a more violent bullish trend.

Technical indicators provide sell signals and evolve in overbuy zone supporting the assumption of a decline. Bollinger bands are much discarded as a result of a strong increase these days. Stabilization is expected in a short term. Furthermore, the superior band strengthens the upper limit of its channel supporting the hypothesis of a violent movement in case of failure.

As gold is currently testing the upper limit of its channel, we recommend 2 scenarios: the first one is the hypothesis of a decline where we suggest a sell at the level of 1,698 with the 1st objective at 1,687 and then at 1,685. A breakthrough of 1,701 will invalidate this scenario. The second scenario is a break of its resistance where we advise a �buy stop� which means buying the spot rate as soon as it is broken through its resistance of 1,698 with the 1st objective at 1,708 and then at 1,710. A breakthrough of 1,695 will invalidate this scenario.

[fxcropoz]

About GOLD:
Bye*bye 1500 ...
Next Target 2000

For my friends want to invest ..
please because the peak was far the 1920 GOLD ...
once again remember the special GOLD account and a position first

Gold in the 1700's, the next ceiling in 1715. Gold rallied ahead of the press conference of the European Central Bank because of bond buying = QE = inflation.

[Nahrawy_Forex]

http://www.pictureshack.us/thumbs/35097_GOLD.JPG (http://www.pictureshack.us/view_35097_GOLD.JPG)

GOLD 1H Time Frame

Price now rising up , it broke three channels , but now rising became weak , i think price will go down again , but if it broke 1706.15 we will buy again

[seeur]

Gold is 100% sucessfull in business.if buyer increase in shop highly then it will gold for traders other wise normal like as iron.

[fxcropoz]

Gold Traders this week were very interest to add their gold holdings. 100 24 buyers against sellers seen in large speculator category. there are 12 positions call for 1 position put. expect gold will rise again next week.

[yogesh]

After hitting a high of 1740 gold managed to close the day and week at 1735 - wonderful gains, due to ECB bond buying news and US Job DATA, profit booking cannot be denied we may see some correction but that will be for a fresh upmove and i see no reason for gold not try to hit and cross 1800 level again, 1690 should act a good support level and may be used as stop loss while going long.

[philipkenny]

gold shall reach 1750 before it would go down but you need to exercise much patience for this.As a good trader you need to look for price action above the resistance before any action could be taken.

so i think the first tp shall hit 1710

[tisha]

A new trader does not trade with gold .But trade to trade he will gather more experience and get clear idea for trade.I think then gold is good for his.

[kavita]

gold is better option for every trader in gold gives u lot of help for motivate u to do trade

[tisha]

Gold trade is very expert trader trade .The like gold who trade in forex long time because it's need more experience .

[kecik6422]

http://img831.imageshack.us/img831/8576/goldtq.gif

hi all traders,today from my analysis,gold price will make some retracement to search previous support like in my chart,my entry are SELL and TP on Blue support there,

[kecik6422]

hi all,just a moment ago my result for trade in gold base from my chart above.

http://img259.imageshack.us/img259/6063/72061406.jpg

[Jobs]

Today on Metals retreat after strong rise ... shows that gold has formed a support level of 1723 ... I think as long as the price is above this level, we can say that a very strong trend continues, and this level of leash stop ....

[yogesh]

Gold came to the bottom of the rising channel, below which price today was not allowed, she noticed about consolidation, Stochastic indicates a buy signal, I think that the North will resume growth, the goal of 1744.

Fortunatley today gold got support at 1625 level and managed to sustain above this level - good that this time gold is ignoring the resistance at 1728 level and easily able to cross it, gates to 1750-1790 are still open though we may need to test 1710-1700 before that.

[beni iskandar]

I think the price of gold is currently the maximum increase, it could be due to the current usd is weak so most likely in 4-5 months the gold price will move higher.

[jo9y]

now a day gold is one of the most important and very costly subject,but many people buy it.it looks very good. there are many people who dosent buy a costly gold.

[Rak]

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

I start trading from 08-09-2012 as it will take time to understand all the pairs functioning so Gold is the best option for new trader like me. Gold is best thing for every trader as it is the best known thing for all .Golds demand and cost is known from many sources.

[dilawarkhan]

theek he hum aapp ki sawagat ko welcome krte hain.

[Jobs]

very beautiful stair showed gold, closing the trading week was on the top themselves ... so that from the beginning of next week, expect the price roll back to the previous resistance ... is the mark in 1745 .... and then again in the growth ...

[pintu01]

Gold key 1 baht strong resistance lag ta hie 1550 PE...wise to is point chop tornado Rhoda Pushkin hie liken agar gold isle par Alika gays to fir ska down trend ignition easily nah Gaye. The Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post Marne kw lite swag at karat goon..

[Ladenboys]

After anonuncement of FED, Gold price is continue to rise.Its natural.Cause inflation fear is rising.More money cant solve the problem.It only can rise the inflation.Consumer spending may increse for a short time.Us economy is going to great trouble.By this Economic technique problem cant be solved.This monetary technique may increase recession fear.
I think Gold will rise to 1900.

[shakibcse]

Gold is a valuable things.normally,the women are also like to use this precious thing.

---------- Post added at 04:53 PM ---------- Previous post was at 03:10 PM ----------

Gold is a dense, soft, shiny, malleable and ductile metal. It 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 and a group 11 element. It is one of the least reactive chemical elements solid under standard conditions.

[pintu01]

The current trend downward trend 1530 targets and Gold ka 1 bahut strong resistance lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nah Gaye..

[VANDA_S]

http://sadpanda.us/images/1212537-C89283Q.png

Price is below 12 EMA and 72 EMA indicates the trend is still down
RSI 50 was playing around in the area of ​​50 indicates no momentum to go up or down
Recommendation: wait and see ..
Sell ​​signals when the RSI falls below 50 area

[mahmoud mohamed tawfik]

short positions at 1754.8300 with 1742.6600 and 1732.3700 as next targets

the breakout of 1762.0200 will call for a rebound towards 1777.2800

[Ladenboys]

Last 2 days there wasnt too much news from US.So why Gold is just make his correction and at now its trade at 1755.
But this metal is in too strong position.According to me there have a good chance to reach in 2000 mark.
Try to buy above 1775 and sell below 1750 mark.

[pintu01]

Main ye thread GOLD kw discussion kw lite bans raga gain. Sahib members KO ya post Marne kw lite swag at karat goon. The current trend downward trend 1530 targets and stop loss 1526 1542 if the price went to the highest point breakers 1542 the trend reversed to the upside targeting 1545 and then 1550.

[chrisfx]

at current time of chaos and maybe even future war between iran and israel it's better invest only in Gold

[VANDA_S]

http://i45.tinypic.com/zt7pmu.png

Price is above 12 EMA and above 72 EMA indicates trend is still up
50 RSI is above 50 indicates the momentum of the trend is still up
Recommendation: buy
Range:1787.23-1749.17

[VANDA_S]

http://s16.postimage.org/p8rg57yad/GOLDDDDDDDD.png (http://postimage.org/)
temp img uploader (http://postimage.org/)
On the H1 chart, the price is between EMA 12 and EMA 72 d indicates the trend is consolidation
RSI 50 are in area 50 indicates the trend is consolidation
Recommendation: buy
Range :1783.36-1746 .44

[winstead]

Gold is currently testing the lower limit of the medium-term bullish channel at 1.758 showed an increase. However a break of this level would release significant potential and shows bearish channel.

[VANDA_S]

http://s15.postimage.org/868xlxokr/gold.png (http://postimage.org/)
image (http://postimage.org/)

At the H4 chart, the price is between EMA 12 and EMA 72 indicates the trend is consolidation
RSI is above 50 area 50 indicates the trend is still up
Recommendation: buy
TP: 1781.09

[Fxsniper]

gold is the best gain profitable trade if u wanna gain from here u analysis 1st then u can trade for it...

[alskndry]

Gold has touched and has been rejected by the 1759.04 support level. But the rejection is not too strong. I think Gold will test that support level again today and if Gold can break this support, Gold may falls to the next support level at 1740.05

[winstead]

The point of concern is around 1755.00's. Breakout at the zone level demand that has been tested many times this can be a strong signal of the sharp decline in gold next week.

[bunty]

Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.i would recommend you guys to wait and watch. after that you can see what shows the indicator

[winstead]

Gold moves back up after the past two days has decreased. the current price is still not too far away from the daily pivot point (1750.87). Most likely the price will return to perform strongly peaked yesterday.

[pintu01]

Main ye thread GOLD kw discussion kw lite bans raga gain. Sahib members KO ya post Marne kw lite swag at karat goon...

[gandha]

GOLD (Spot) intraday: the bias remains bullish.Our Preference: LONG positions above 1765 with 1787 & 1800 in sight.Alternative scenario:The downside breakout of 1765 will open the way to 1752 & 1736.

[winstead]

Gold is currently testing the upper limit of its medium term bearish channel at 1.782 and showed a decrease. Maybe this level will reach the upper end of the channel is 1.797.

[rubel_dc]

Forex market is the one of the most profitable markets in the economic world where almost traders indulge in investing some amount of money to gain profits. But you may loose money also if you do not research before investing. Study of forex market is very essential as how it

[kammraz]

Good information on Gold trading. Hoping to be able to use some of the trading plan posted here. I do not have any trading strategy for GOLD yet. This beast is completely different compare to EURUSD. But I've seen people make tons of money faster than in currency from GOLD. Hope to be one of them.

[yogesh]

Gold managed to close above 1770 on friday backed by very good rally from 1735 level, this is good for bulls and now gold look having a clear target of 1800, breaking that level on daily basis may open the doors for further higher levels. Good supports are set at 1775, 1755 and 1735 levels.

[Fxsniper]

Gold long @ 1770.83 tp1 1775.65, tp2 1780.05 SL 1763.00, our straggly tell me about it...

[Skoda]

xauusd pair lagatar uptrend me chal raah hai aur abhi tak isne downtrend ka koi bhi signal nahi diya hai..
iski 4 hout aur 1 day candle bhi isko uptrend me show kar rahi hai lekin abhi ye pair apne 1 resistence ke pas hai..1.570 ke pas 1 bahut striong resistence hai..agar ye yaha se upar nahi jata to isko sell kiya ja sakta hai

[romannil]

Gold technical analysis for 01.10.2012 by using : Auto pivot point.

resistance 3:1796.98
resistance 2:1790.03
resistance 1:1780.97

pivot point :1774.02

support 1:1764.96
support 2:1758.01
support 3:1748.95

[rajon999]

Now gold is over value, If you trade at this moment, you can sell order to profit. Because now it is over value no more increase in future. Preset price 1771.18 so you can any sell decision for profit.

[winstead]

The position of the gold price is still below the daily pivot point of 1773.47. If there is a further decline in gold prices fall it is expected to form a new daily lows.

[VANDA_S]

http://sadpanda.us/images/1220142-ZGLB4ED.png
At the H4 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 1796.56

[mahmoud mohamed tawfik]

long positions at 1778.650 with 1784.4100 and 1789.7000 as next targets

the breakout of 1774.2900 will call for a rebound towards 78.3590

[Monik]

Of gold on the weekly chart formed an interesting situation, the price for a few weeks in a row can not overcome sloping resistance level as stochastic shows a sell signal, I think it will be a trend reversal to the south, or at least a correction.

[Monik]

\\\\\Of gold on the weekly chart formed an interesting situation, the price for a few weeks in a row can not overcome sloping resistance level as stochastic shows a sell signal, I think it will be a trend reversal to the south, or at least a correction.\\\\

[romannil]

Gold technical analysis for 03.10.2012 by using : Auto pivot indicator.

resistance 3:1795.82
resistance 2:1789.98
resistance 1:1782.02

pivot point :1776.18

support 1:1768.22
support 2:1762.38
support 3:1754.42

[smart]

Price of gold continues to fluctuate within the scope of both sides and is now floating around 1770.00, while the SMA 50 continues to provide support to the price of the bottom.
Thus, the bullish trend remains likely to intraday and short term, what is not broke level of 1750.00 and that in turn would lead to a possible shift in intraday trading and short-term downward.
Expected trading range for today is between: Support 1750.00 and resistance 1800.00

General tendency is expected for the day: UP

[VANDA_S]

http://imageshack.us/a/img11/6268/goldkk.png (http://imageshack.us/photo/my-images/11/goldkk.png/)

Uploaded with ImageShack.us (http://imageshack.us)
On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 1792.29

[Orel]

Gold, the primary trend is still north, on 4 hour chart you can see that the price has come close to the level of the sloping, while I think that will hang on the north and re-growth of this slope.

[Vamos]

on the daily chart gold painted double top .. especially at the level of 1790 is used to be a very strong resistance and then the price fell back down very much ... so I will be very alert to the possible reversal of trend ... and it is very possible and there are STAP fairly short ....

[romannil]

Gold technical analysis for 04.10.2012 by using : Auto pivot indicator.

resistance 3:1795.82
resistance 2:1789.98
resistance 1:1782.02

pivot point :1776.18

support 1:1768.22
support 2:1762.29
support 3:1754.42

[winstead]

Gold show gains continue to successfully penetrate the daily resistance point 1782.07. now the price is still moving at a strategic level before continuing bullish.

[VANDA_S]

http://imageshack.us/a/img253/4203/goldindian.png (http://imageshack.us/photo/my-images/253/goldindian.png/)

Uploaded with ImageShack.us (http://imageshack.us)

On the H1 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
50 RSI is above 50 indicates area trend is still up
Options: BUY
Take profit: 1796.11

[Orel]

Frankly until the situation is particularly dangerous for shopping has developed on gold, worth to pay attention to the daily chart, there a number of strong resistance levels from 1780 -1800, I think that will be all the same a small decline.

[romannil]

Gold technical analysis for 05.10.2012 by using : Auto pivot indicator.

resistance 3:1815.46
resistance 2:1805.30
resistance 1:1797.65

pivot point :1787.49

support 1:1779.84
support 2:1769.68
support 3:1762.05

[winstead]

It appears weekly resistance point 1790.53 difficult obstacles traversed by gold throughout the trading day and yesterday. This is evidenced by the price movement that is always out of control up and down from that point. On the sidelines of the strengthening of trends, prices should pitch up without a hitch.

[imranghori]

yaar kya Gold main smjha nahi mujhe samjhao in new in forex and gold is in must in forex ya wese hi knowledge ke liye lagai hai post

[secret alibi]

http://sadpanda.us/images/1221979-MQVOO91.png
Bias is neutral for nearest term to stay on
1770 – 1785 area, clear break out of this area
should give us a clearer direction. But we do
still prefer bullish outlook as the price was
bounced by MA200 on 1H chart.
Resistance Level : 1785, 1795, 1800
Support Level : 1770, 1765, 1755
Trading Range : 1770 – 1785
Trend : Neutral

[romannil]

Gold technical analysis for 08.10.2012 by using : Auto pivot indicator.

resistance 3:1816.36
resistance 2:1806.05
resistance 1:1793.18

pivot point :1782.87

support 1:1770.00
support 2:1759.69
support 3:1746.82

[dennyandre]

In the investment world price movement either up or down and the trend of world economic development can provide benefits or losses for market participants. Many market participants that make up its investment portfolio based on risk tolerance which can be in the face or can be received by the investor. so even with noble ogam investor, before you decide to invest in precious metals was her well you know some of the things that can affect the price of precious metals will perger this, some things that affect the movement of rise / fall of gold, including:
Inflation. Inflation never beat the prices of Gold, Gold prices always rise above the inflation. Unlike bank interest, bank interest will never melibihi inflation. The bank will lose money if interest rates provide savings melibihi Inflation value. Usually the government will determine the assumption of inflation during the period of the ongoing budget, well if the predictions are in the middle of the road changed drastically higher, then gold prices will skyrocket up.

[kakpay]

Trading for the short term ....

Price does not seem capable of achieving Stop Shop has been established previously.

It appears also from the price that is unable to penetrate the High Highest ago.

The movement during the day is in sideways.

Asian session this time, in TF M30, it appears buyers trying to achieve high Highest ago ...

[parvez]

Initial support at 1490 jun 27 low followed by 1485 initial resistance is now at 1526 followed by 1523 high

[VANDA_S]

[ http://imageshack.us/a/img228/7807/golddddddddddddd.png (http://imageshack.us/photo/my-images/228/golddddddddddddd.png/)

Uploaded with ImageShack.us (http://imageshack.us)
On the H1 chart, the price is dibawah12 EMA and 72 EMA indicates the trend is still down
50 RSI is below 50 indicates the trend is still down area
Range :1759.76-1785 .54
Option: SELL
Take profit: 1759.76

[nurdiantofxwave]

Gold still in bearish movement, Now price hold in daily support 1 level (1769.83). If the price continue break from this level down, gold may fall to 1759.77 as daily support 2 level. but signal stochastic in tf h4 had shown in oversold area, it may indicates that price can retrace up for short term but limited.

[fien]

Initial support at 1490 jun 27 low followed by 1485 initial resistance is now at 1526 followed by 1523 high

so what is your prediction my friend, where will GOLD go. Thank You.

[Jobs]

Daily chart for gold is in a very strong resistance, but there developed not in a hurry, there was again a new high in 1795 ... and now we see the expanding triangle ... so, in my opinion, to play on a turn when we can break through some level of 1740 ....=(

[raihan8212]

Gold prices rose in Asian trading on Tuesday after Japan reported a stronger-than-expected current account balance for August, which sent investors leaving the safe-harbor dollar in search of nicely-priced gold positions.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were up 0.29% at USD1,780.85 a troy ounce, up from a session low of USD1,778.65 and down from a high of USD1,781.25 a troy ounce.

Gold futures were likely to test support at USD1,768.65 a troy ounce, Monday's low, and resistance at USD1,798.05, Friday's high.

Japan�s current account balance rose more than expected last month, official data showed on Monday.

In a report, Ministry of Finance said that Japan�s Current Account rose to a seasonally adjusted 0.72T, from 0.34T in the preceding month.

Analysts had expected Japan�s Current Account to rise 0.52T last month.

The news fueled some demand for risk that boosted gold and deflated the dollar despite otherwise bearish news for the precious metal.

The World Bank earlier cut its 2012 growth forecast for developing Asia-Pacific economies to 7.2% from a May forecast of 7.6%.

The World Bank also said China's economy will growth 7.7% this year, down from a May forecast of 8.2%.

The International Monetary Fund, meanwhile, cut its 2012 global growth forecast to 3.3% from a July estimate of 3.5%.

Elsewhere on the Comex, silver for December delivery was up 0.60% and trading at USD34.220 a troy ounce, while copper for December delivery was up 0.54% and trading at USD3.774 a pound.

[romannil]

Gold technical analysis for 09.10.2012 by using : Auto pivot indicator.

resistance 3:1793.57
resistance 2:1786.43
resistance 1:1780.09

pivot point :1773.13

support 1:1766.97
support 2:1759.83
support 3:1753.67

[nurdiantofxwave]

Gold can retrace up from its yesterday lowerest price with positif sentiment. Hma 32 also had confirmed to go up with green colour in chart timefrime m15. in this morning in asian session, price hold in weekly pivot level (1779.23) but had shown in upper daily pivot (1773.13).

[kakpay]

Engineering estimates and Settings Chart:
The increase is expected in the 1780/85 have not materialized, and again the prices are on the channel. Level 1770.00 (Support penegah / intermediary support) currently has penetrated, and prices drop further search. As described above, the short-term support trend line passing through the area of ​​1740/50. Bears will target at least the level of 1740.00. If the trend line broken, the price will accelerate into 1700 and also 1650. For now Bearish.

Trading Recommendations:
Sell ​​now. Stop 1800.00. Target 1740, 1700, and 1650.

[raihan8212]

Gold prices rose in Asian trading on Tuesday after Japan reported a stronger-than-expected current account balance for August, which sent investors leaving the safe-harbor dollar in search of nicely-priced gold positions.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were up 0.29% at USD1,780.85 a troy ounce, up from a session low of USD1,778.65 and down from a high of USD1,781.25 a troy ounce.

Gold futures were likely to test support at USD1,768.65 a troy ounce, Monday's low, and resistance at USD1,798.05, Friday's high.

Japan�s current account balance rose more than expected last month, official data showed on Monday.

In a report, Ministry of Finance said that Japan�s Current Account rose to a seasonally adjusted 0.72T, from 0.34T in the preceding month.

Analysts had expected Japan�s Current Account to rise 0.52T last month.

The news fueled some demand for risk that boosted gold and deflated the dollar despite otherwise bearish news for the precious metal.

The World Bank earlier cut its 2012 growth forecast for developing Asia-Pacific economies to 7.2% from a May forecast of 7.6%.

The World Bank also said China's economy will growth 7.7% this year, down from a May forecast of 8.2%.

The International Monetary Fund, meanwhile, cut its 2012 global growth forecast to 3.3% from a July estimate of 3.5%.

Elsewhere on the Comex, silver for December delivery was up 0.60% and trading at USD34.220 a troy ounce, while copper for December delivery was up 0.54% and trading at USD3.774 a pound.

[winstead]

If the gold price movement failed to penetrate the area of ​​support that is currently being tested, the gold price movement likely to rebound towards resistance area of ​​the range 1355.24 to 1364.60.

[Bieela_cute]

Elliott: irregular flat correction down 1751.13
Market should not go lower than 1762.47 - 1756.67. After this move down it should go up to 1772.10 - 1775.93 area.
Warning: Imminent end of bearish move
Technical points
Key point 1,763.6500
Entry point 1,767.3500
Elliott 1,796.0000
Closing 1,764.3100
Projection 1,743.4700
Trendline 1,771.9900
Trendline 1,779.6900
Supports / Resistances
Res 2 1,787.5400
Ex-High 1,779.8900
Res 1 1,775.9300
Pivot 1,768.2800
Sup 1 1,756.6700
Ex-Low 1,760.6300
Sup 2 1,749.0200

[romannil]

Gold technical analysis for 10.10.2012 by using : Auto pivot indicator.

resistance 3:1794.32
resistance 2:1786.67
resistance 1:1775.03

pivot point :1767.37

support 1:1755.73
support 2:1748.07
support 3:1736.43

[secret alibi]

http://sadpanda.us/images/1223523-RIR4IW0.png
As seen on 4H chart, 1760 area is still holding
the price to move lower, break below this area
is needed to continue the bearish outlook
targeting 1738 region. Only a clear break
above 1780 area which should cancel the
bearish outlook to move higher re-testing
1795 area.
Resistance Level : 1780, 1795, 1810
Support Level : 1760, 1738, 1720
Trading Range : 1738 – 1780
Trend : Bearish

[raihan8212]

Gold prices fell in Asian trading on Wednesday after traders snapped up the precious metal's hedge, the dollar, amid a risk-off session marked by IMF cuts to global growth forecasts.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.09% at USD1,763.45 a troy ounce, up from a session low of USD1,762.75 and down from a high of USD1,765.75 a troy ounce.

Gold futures were likely to test support at USD1,762.15 a troy ounce, Tuesday's low, and resistance at USD1,781.55, Tuesday's high.

The International Monetary Fund said that the global economy will expand 3.3% this year and 3.6% in 2013.

Both forecasts represent downward revisions made in July for growth of 3.5% for this year and 3.9% in 2013.

The news cemented growing fears that the global economy is cooling, which sent investors snapping up safe-haven dollar positions.

Uncertainty elsewhere also kept investors in the safety of the dollar, which sent gold dipping.

Protestors clashed with police in Athens to mark German Chancellor Angela Merkel's visit to Greece, as the German leader urged Greece to stick with austerity measures, adding the country will be better off in the long run.

Uncertainty over whether Spain will seek a bailout kept the dollar up and gold down as well.

The dollar also saw gains against gold as investors braced for U.S. third-quarter earnings, which hit the wire beginning this week.

Elsewhere on the Comex, silver for December delivery was down 0.43% and trading at USD33.838 a troy ounce, while copper for December delivery was down 0.11% and trading at USD3.715 a pound.

[midul13]

Gold is a very important method in the world.Now a days the price is increasing like a roler coaster.So,its tough for a middle class person to buy it.

[Adaja92]

The precious metal which Current trend of price is any amount thats upward trend but when target 1554, price gone to 1536, breaking the trend turn to the downside targeting 1531 then 1525. and this is the matter of economic involvement.

[nurdiantofxwave]

Gold still movement with sideways pattern. this condition because affected from downward pressure yesterday. If price continue down, it may touch 1755.73 as a daily support 1 level. Then if price can break this level, down movement will get new lowest level in around 1748.00

[mahmoud mohamed tawfik]

long positions at 1763.1400 with 1770.2600 and 1775.9800 as next targets


the breakout of 1759.4200 will call for arebound towards 1751.7900

[tradergalau]

Gold is moving near the 1759.04 support level now. I think Gold has a chance to reverse and rebound here. If that happens, Gold will go up today and may tries to reach the resistance level at 1778.97. But if Gold can break 1759.04 support level, I am sure Gold will continue the down trend that has been happening since the last Friday.

[lulu50]

gOLD HAS ITS WAY.
iTS UP TO 1,780.
iT MIGHT HIT 2,000 MARK very soon.

[shohagpal]

Essentially a gold party is hosted at someone's house and neighbors and friends are invited over to bring their gold. A professional gold dealer is there to evaluate and make offers on the gold. Those selling their gold are paid in cash at the party. The host of the party will earn a commission for all of the gold that is sold. This takes the form of a percentage of the total sales and is typically 10%, but can vary depending upon the gold deale
r.

[raihan8212]

Gold futures were little changed near a two-week low during European morning hours on Wednesday, as ongoing fears over the health of the global economy boosted demand for the U.S. dollar.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,764.85 a troy ounce during European morning trade, easing down 0.01%.

Prices were stuck in a narrow trading range of USD1,766.95 a troy ounce, the session high and USD1,762.05 a troy ounce, the daily low and the lowest since September 27.

Gold prices were likely to find support at USD1,755.35 a troy ounce, the low from September 27 and resistance at USD1,781.55, the previous session�s high.

Market sentiment remained under pressure after the International Monetary Fund cut its 2012 and 2013 global growth forecasts on Tuesday, and warned of even weaker expansion unless officials in the U.S. and Europe address threats to their economies.

The IMF said that the world economy will grow 3.3% this year, the slowest since the 2009 recession, and 3.6% next year, compared with July predictions of 3.5% in 2012 and 3.9% in 2013.

Investors also remained cautious amid worries over how soon Spain may formally request a bailout and uncertainty over whether international creditors will extend loans to Greece.

Later in the day, Italy was to auction EUR11 billion of short-term government bonds. In addition, Spanish Prime Minister Mariano Rajoy was to hold talks with French President Francois Hollande in Paris.

The risk-off trade environment prompted investors to shun riskier assets, such as stocks and commodities, and flock to traditional safe haven assets like the U.S. dollar and Treasuries.

The dollar index, which tracks the performance of the greenback against a basket of six other major currencies, was up 0.1% to trade at 80.18. It rose to a one-month high of 80.31 earlier in the session.

A stronger U.S. dollar usually weighs on gold, as it dampens the metal's appeal as an alternative asset and makes dollar-priced commodities more expensive for holders of other currencies.

Elsewhere on the Comex, silver for December delivery dipped 0.35% to trade at USD33.87 a troy ounce, while copper for December delivery declined 0.2% to trade at USD3.711 a pound.

[bdconnect]

Gold is good pair to get more profit.gold margin cell movement very first but gold is good only for long time trade if you want to more profit than you trade long time.

[Irika]

\\\\On the weekly chart for gold is well seen as the price stops at the level of resistance (gold was unable to overcome it), the third day of gold falls, it seems is a change of trend in the south, stochastics showed a sell signal.\\\\

[Orel]

And I think that the change trend is early to say, gold has formed a clear sloping support line (and uplink), has just held the consolidation and retreat to the north of this line, the goal until the maximum 1793 + -.

[Bieela_cute]

Elliott: irregular flat correction down 1751.13
Current fall is near an end of wave around 1756.83 zone, a rally should then procede to above 1768.06. Fall below 1751.36 would cancel this scenario.
Technical points
Key point 1,757.3900
Entry point 1,759.4100
Elliott 1,796.0000
Closing 1,762.3000
Projection 1,743.4700
Trendline 1,766.8300
Trendline 1,756.8100
Supports / Resistances
Res 2 1,773.8200
Ex-High 1,768.3500
Res 1 1,768.0600
Pivot 1,762.5900
Sup 1 1,756.8300
Ex-Low 1,757.1200
Sup 2 1,751.3600

[romannil]

Gold technical analysis for 11.10.2012 by using : Auto pivot indoicator.

resistance 3:1777.86
resistance 2:1772.67
resistance 1:1766.93

pivot point :1761.57

support 1:1755.83
support 2:1750.47
support 3:1744.73

[raihan8212]

Gold prices fell in Asian trading on Thursday after Standard & Poor's said it down****ed Spanish sovereign debt, which sent investors rushing to the safety of the dollar, gold's traditional hedge.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.23% at USD1,761.05 a troy ounce, up from a session low of USD1,760.45 and down from a high of USD1,763.15 a troy ounce.

Gold futures were likely to test support at USD1,758.85 a troy ounce, Wednesday's low, and resistance at USD1,769.85, Wednesday's high.

Standard & Poor's said it lowered Spain's long-term credit rating to 'BBB-' from 'BBB+' and cut its short-term credit rating to 'A-3' from 'A-2'.

The ratings agency said Spain's deepening economic recession is limiting the Spanish government's policy options and added that rising unemployment and spending constraints are likely to fuel social discontent and contribute to friction between Spain's central and regional governments.

"In our view, the capacity of Spain's political institutions (both domestic and multilateral) to deal with the severe challenges posed by the current economic and financial crisis is declining," Standard & Poor's said in a statement.

The news sparked demand for the dollar, which sent gold dipping in the Asian session.

Meanwhile, IMF statements pointing to the European debt crisis as the global economy's strongest headwind fueled a risk-off trading session that sent the dollar up and gold down.

Monetary stimulus programs underway at the Federal Reserve have already been priced in and are no longer giving gold support.

The U.S. Federal Reserve is currently running a third round of quantitative easing, a monetary stimulus tool that sees the U.S. central bank buy USD40 billion in mortgage-backed securities a month on an open-ended basis to spur recovery.

Such policy tools weaken the greenback and make gold an attractive hedge.

Elsewhere on the Comex, silver for December delivery was down 0.65% and trading at USD33.888 a troy ounce, while copper for December delivery was down 0.43% and trading at USD3.702 a pound

[tradergalau]

Gold still moving around the 1759.04 support level. Beside that, I see the yesterday's movement only occur in small range. So, I think Gold may shows a breakout movement today.
If Gold can break the yesterday's high, I think Gold will go up to the resistance level at 1778.97 or higher. But if Gold can break the yesterday's low, it mean Gold also break the 1759.04 support level. It may makes Gold fall to the lower support level at 1740.05.

[secret alibi]

http://imageshack.us/a/img267/7788/goldmonex.png (http://imageshack.us/photo/my-images/267/goldmonex.png/)

Uploaded with ImageShack.us (http://imageshack.us)
Bias is neutral for nearest term to stay on
potential trading range around 1754 – 1770
area. Break below 1754 area is needed to
continue the bearish bias targeting 1741 area.
While a break above 1770 area should change
the bias into bullish testing 1780 before
targeting 1795 region.

Resistance Level : 1780, 1795, 1810
Support Level : 1754, 1741, 1728
Trading Range : 1754 – 1780
Trend : Neutral

[nurdiantofxwave]

Now, price move up strong with positif sentiment. Price also break daily ressistance 1 level (1767.00). This condition can make price going up again but can not get support from signal stochastic in tf h1 that shown in overbought.

[kakpay]

Gold is still moving in a limited daily war since yesterday. After briefly weakening in asia market opening, now prices rebounded. This appreciation has led gold to almost touch the resistance level 1 daily (1767.00). Estimated gold price in a span of a few hours will be weakened temporarily given the conditions at tf h1 stochastic signal indicates overbought area.

[Orel]

~~~~~I continue to hold a long position in gold candlestick on the daily chart configuration - bullish engulfing, the dollar index charted southern trend is likely gold will go to the North as well as the silver showed a retreat from the bottom of the channel.~~~~~

[Bieela_cute]

Elliott: correction zigzag 1776.56
Current upmove should be ended around 1771.05 - 1775.21. Any correction consolidation should find support in 1762.92 - 1758.94 zone.
Technical points
Key point 1,767.7800
Entry point 1,762.7700
Elliott 1,757.1200
Closing 1,767.2500
Projection 1,771.9700
Trendline 1,758.5900
Trendline 1,760.0600
Supports / Resistances
Res 2 1,783.1600
Ex-High 1,774.8500
Res 1 1,775.2100
Pivot 1,766.9000
Sup 1 1,758.9400
Ex-Low 1,758.5900
Sup 2 1,750.6400

[romannil]

Gold technical analysis for 12.10.2012 by using : Auto pivot indicator.

resistance 3:1790.47
resistance 2:1782.23
resistance 1:1774.27

pivot point :1766.03

support 1:1758.07
support 2:1749.83
support 3:1741.87

[gandha]

Gold prices barely experience any movement, maintaining strong gains in the previous session as the U.S. dollar weakened from 1-month high, but gold prepared to weekly fall.Although the sentiment is still pressing gold, but these assets are forming a pattern of minor uptrend since last month, appealing to in the event of minor accumulation pullback to the intersection of 5-10-20 days moving average. Entry: 1758, Target: 1807, Stop: 1740.

[secret alibi]

http://imageshack.us/a/img208/3650/goldddddddd.png (http://imageshack.us/photo/my-images/208/goldddddddd.png/)

Uploaded with ImageShack.us (http://imageshack.us)
Bias is still neutral as long as price stay on
trading range around 1754 – 1770 area. Break
below 1754 area is needed to continue the
bearish bias targeting 1741 area. While a
break above 1770 area should change the bias
into bullish testing 1780 before targeting 1795
region.

Resistance Level : 1780, 1795, 1810
Support Level : 1754, 1741, 1728
Trading Range : 1754 – 1780
Trend : Neutral
Bias

[nurdiantofxwave]

Since asian market session opened ago until now, price still in between daily pivot and ressistance 1 level. Price form sideways pattern with range in 1768.10-1770.00. It estimated can rise agai in future because there is a bullish signal that indicates by hma 192.

[Mr.Strong]

Trend is expected today: UP

Region powerful today: 1766.00

The pair above 1766.00 to buy the following objectives 1772.00 then 1779.00

The pair down 1766.00 for sale the following objectives 1760.00 then 1754.00

[tradergalau]

I think the next direction of Gold is not clear enough. Gold still moving between the support and resistance level now.
So, if Gold can break 1778.97 resistance, Gold will go up to the next resistance level at 1796.41. But if Gold can break 1759.04 support level, Gold may falls to the next support level at 1740.05.

[forexking2]

Narrow range regulates the movement of the price of gold since the morning, which makes us hold onto our recent list unchanged for the rest of the day.

Expected trading range for today is between: Support 1756.00 and resistance 1800.00

[winstead]

Gold is likely to experience a correction towards the support 1765.49 to 1762.17. If the range 1770.86 resistance survive and bearish signals appear in the area.

[junaid.1]

gold main kam karny sy hum bahot jaldi profit b kam sakty hain aur loss b magar gold main kam karna bahot mushkil hai is k liye hamain bahot sa balance chaye hota hai

[yogesh]

Gold closed today near its low at 1753.1, this is also a negative weekly close. We may see more downside on monday, but for long term i dont think we should sell, bulls are just breathing and sooner or later we will breakout to the upside, next upmove should head to make new high.

[Bieela_cute]

GOLD next week

Elliott: flat correction down 1741.08
Market should not go lower than 1753.50 - 1744.63. After this move down it should go up to 1767.35 - 1772.33 area.
Warning: Imminent end of bearish move
Technical points
Key point 1,744.2800
Entry point 1,758.2100
Elliott 1,796.0000
Closing 1,754.6000
Projection 1,736.7500
Trendline 1,780.1000
Trendline 1,764.1900
Supports / Resistances
Res 2 1,790.0600
Ex-High 1,780.1000
Res 1 1,772.3300
Pivot 1,762.3600
Sup 1 1,744.6300
Ex-Low 1,752.4000
Sup 2 1,734.6700

[ctgboy]

Gold :

The trading rang for today is among the major support @ 1549 and the key of resistance @ 1560.
The general over short term basis is to the upside targeting 1560 as far as area of 1550 .

[alimartono]

I think trade and investment through the gold began to demand a lot of people, this is because in addition to easy dah gold investment also does not require high knowledge keahlihan and also profitable.

[gandha]

for short-term analysis on Friday's pair gold has decreased quite strong and I think for the opening of the next candle meeklu prices will go down first and after that gold will try to keep up

[manmade45]

for short-term analysis on Friday's pair gold has decreased quite strong and I think for the opening of the next candle meeklu prices will go down first and after that gold will try to keep up
You are right ,we can see some more downfall in gold in the ist few hours of market opening but the gold will surely bounce up to the 1800 pretty soon .Its the best time to take some long positions in Gold .

[Vamos]

Yes it is not easy to take and expand the gold you need a lot of money and time ... this is just consolidation can be used to set the positions on the south side ... while the bottom has a very strong level of 1740, but I think if the price is fixed below that may follow acceleration of the fall ...

[redstar]

at the end of last week, price of gold went down and go to support area at 1753, tomorrom at monday price possible to move between :
Resistance : 1770.22
Support : 1739
if price break down and follow the bearish trend, price of gold will go to support area at 1739

http://i1262.photobucket.com/albums/ii612/goldenxr/gold1410_zpsbec77946.gif

[raihan8212]

Gold futures for December delivery traded at USD1765.35 a troy ounce in U.S. trade falling 0.30%.

It earlier traded at a session high USD1772.45 a troy ounce. Gold was likely to find support at USD1758.85 and resistance at USD1781.55.
Gold fell on profit taking despite the U.S. UoM consumer sentiment rising unexpectedly last month, preliminary data showed on Friday.

In a report, the University of Michigan said that consumer sentiment rose to a seasonally adjusted 83.1, from 78.3 in the preceding month.

Analysts had expected UoM consumer sentiment to fall to 78.0 last month.
Meanwhile, U.S. producer price inflation rose more-than-expected last month, official data showed on Friday.

In a report, U.S Bureau of Labor Statistics - Department of Labor said that U.S. PPI rose to a seasonally adjusted 1.1%, from 1.7% in the preceding month.

Analysts had expected U.S. PPI to rise 0.7% last month.

US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, fell 0.15% to trade at USD79.75.

Elsewhere on the Comex, Silver for December delivery fell 0.83% to trade at USD33.79 a troy ounce while Copper for December delivery gave back 1.01% to trade at USD3.713 a pound.

[paptup]

Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high. 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 .

[gandha]

You are right ,we can see some more downfall in gold in the ist few hours of market opening but the gold will surely bounce up to the 1800 pretty soon .Its the best time to take some long positions in Gold .
possible when looking at the position of gold daily candle still want to continue the downtrend as a bias correction of the uptrend, it looks a wave begins to form, I will do berpifir buy order at 1715 area