Gold

[winstead]

Gold formed a small bullish on 4 hour chart, it takes constant movement in the area of ​​1720 to trigger further bullish momentum towards the 1735 area.

[raihan8212]

Gold prices dropped on Friday as investors stocked up on the yellow metal's traditional hedge, the dollar, to await the results of U.S. presidential elections on Tuesday

Investors brushed off a surprisingly strong October jobs report.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 2.22% at USD1,677.45 a troy ounce, up from a session low of USD1,674.75 and down from a high of USD1,716.95 a troy ounce.

Gold futures were likely to test support at USD1,674.75 a troy ounce, the earlier low, and resistance at USD1,716.95, the earlier high.

U.S. voters go to the polls on Tuesday to elect a new president and surveys do not indicate that either President Barack Obama or his Republican challenger, Mitt Romney, have emerged as a frontrunner headed in.

Investors went long on the dollar on the last Friday before Election Day to ride out electoral uncertainty, which sent gold falling.

Gold and the dollar often trade inversely.

Better-than-expected unemployment figures out of the U.S. did not spark a risk-on rally that would normally have sent gold rising and the dollar falling.

The U.S. Bureau of Labor Statistics revealed early Friday that the U.S. economy added 171,000 jobs in October, beating out analysts' calls for a gain of around 125,000.

The headline unemployment rate rose to 7.9% from 7.8% in September.

Investors snapped up greenback positions on the news after stock markets shrugged off the data.

The economy didn't add enough jobs to reflect a more robust U.S. recovery.

Some analysts have said the economy should create at least 250,000 a month on an ongoing basis before recovery really gains steam.

Elsewhere on the Comex, silver for December delivery was down 4.06% and trading at USD30.940 a troy ounce, while copper for December delivery was down 2.10% and trading at USD3.478 a pound.

[rashedul]

Initial reenforcement at 1490 (Jun 27 low) followed by 1485 (76.4% retrace of 1462.45-1558.25). Initial opposition is now at 1526 (June 24 overflowing) followed by 1523 (Jun 23 upper).

[hazem.hassan]

Current trend jo hai woh upward trend pe hai aur jab target hai 1554 agar price niche ki aur gaya toh lowest point hai iska 1536, breaking the trend turn to the downside targeting 1531 then 1525

[mdjoy50]

market open and formed another bullish good inian good forex forum indian fast like

[Bieela_cute]

Elliott: resistance in an impulse wave down 1691.35
Market should not go lower than 1660.61. After this move down it should go up to 1697.57 - 1705.19 area.
Warning: Imminent end of bearish move
Technical points
Key point 1,660.2700
Entry point 1,690.7400
Elliott 1,727.1100
Closing 1,678.0800
Projection 1,658.8300
Trendline 1,717.0600
Trendline 1,707.0200
Supports / Resistances
Res 2 1,732.2900
Ex-High 1,717.0600
Res 1 1,705.1900
Pivot 1,689.9600
Sup 1 1,662.8500
Ex-Low 1,674.7300
Sup 2 1,647.6200

[yousef3elwan]

bahut strong resistance lagta hai 1350 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega

[VANDA_S]

http://i.imgur.com/hX26I.png
On the Daily chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 1628.77

[forexking2]

Expected trading range for this week between: Support 1650.00 and resistance 1700.00
General tendency is expected for this week: Down

[nurdiantofxwave]

gold still move around monthly support 1 level (1608.23). gold shown in oversold position after yesterday ago, gold felt down strong and broke down level weekly pivot (1692.37). Gold is predicted down today following downward trend in short and medium term.

[raihan8212]

Gold prices rose on Monday as bottom fishers snapped up nicely priced positions in the yellow metal on sentiments a recent selloff sent the commodity falling too far.

Proximity to U.S. elections kept some investors chasing dollar positions, which capped gold's gains.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were up 0.37% at USD1,681.45 a troy ounce, up from a session low of USD1,680.05 and down from a high of USD1,684.05 a troy ounce.

Gold futures were likely to test support at USD1,674.75 a troy ounce, Friday's low, and resistance at USD1,716.95, Friday's high.

Gold prices plummeted last week after the U.S. Bureau of Labor Statistics revealed the U.S. economy added 171,000 jobs in October, beating out analysts' calls for a gain of around 125,000.

The headline unemployment rate rose to 7.9% from 7.8% in September, as more unemployed workers jumped into the labor force by actively seeking work.

The news sparked sentiments that the Federal Reserve may hold off on any plans to beef up its ongoing round of quantitative easing, under which the U.S. central bank buys mortgage debt from banks, pumping the U.S. economy full of liquidity and weakening the dollar to spur recovery.

Gold and the dollar traditionally trade inversely from one another.

Gold prices also fell last week as investors began to stock up on safe-haven dollar positions ahead of Tuesday's presidential elections.

President Barack Obama and his challenger, Republican Mitt Romney, are neck and neck in the polls.

With no clear winner, investors have flocked to safety of the dollar before Tuesday's elections, which continued to bolster the greenback in early Asian trading on Monday.

Gold, however, rose on demand from bargain hunters.

Elsewhere on the Comex, silver for December delivery was up 0.70% and trading at USD31.072 a troy ounce, while copper for December delivery was down 0.11% and trading at USD3.479 a pound.

[romannil]

Gold technical analysis for 05.11.2012 by using : Auto pivot indicator.

resistance 3:1746.30
resistance 2:1731.20
resistance 1:1704.10

pivot point :1689.00

support 1:1661.90
support 2:1646.80
support 3:1619.70

[Robi]

I do not expect from such a strong reduction of gold as the price stopped and continues to consolidate support around 1774.80 (price below that level until the start up), until there is a great probability of a north correction, so when you turn over the building above 1680 for the purchase.

[hodhod2000]

The trading range for this week is expected among the key support at 1630.00 and key resistance now at 1730.00.

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.

[winstead]

Gold probably will not drop lower than 1660.61. After that it will move up to the range of 1697.57 to 1705.19.

[raihan8212]

Gold futures edged up from a two-month low during U.S. morning hours on Monday, holding above its 200-day moving average close to USD1,660-an-ounce, as investors focused on Tuesday�s U.S. presidential elections.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,682.15 a troy ounce during U.S. morning trade, up 0.4% on the day.

Prices held in a tight trading range of USD1,684.05 a troy ounce, the daily high and a session low of USD1,672.55 a troy ounce, which was the weakest level since August 31.

Gold prices were likely to find support at USD1,646.45 a troy ounce, the low from August 31 and resistance at USD1,727.25, the high from October 31.

Markets were focused on the outcome of Tuesday�s U.S. elections, with opinion polls pointing to a close race between incumbent President Barack Obama and Republican challenger Mitt Romney.

If the election comes down to a thin margin in a swing state such as Ohio, the outcome could be delayed for days or weeks.

Greece was also on investors mind, as the country�s parliament prepared to vote on the latest rounds of austerity measures on Wednesday, which could determine if Athens receives its next tranche of financial aid.

Elsewhere in the euro zone, markets continued to eye developments surrounding Spain, amid ongoing uncertainty over whether the debt-strapped country is moving closer to formally requesting a bailout from its euro zone partners.

Gold�s gains were limited as the U.S. dollar rose to a five-week high against the euro, after Friday�s stronger-than-expected U.S. jobs report prompted investors to trim back expectations for another round of quantitative easing by the Federal Reserve.

The U.S. Department of Labor said the economy added 171,000 jobs in October, beating forecasts for an increase of 125,000. The unemployment rate ticked up to 7.9% from 7.8% in September as more people re-entered the labor force.

The dollar index, which tracks the performance of the U.S. dollar against a basket of six other major currencies, was up 0.25% to trade at 80.85, the highest level since September 7.

A stronger dollar saps demand for raw materials as an alternative investment and makes metals priced in the currency more expensive in terms of other currencies.

Elsewhere on the Comex, silver for December delivery rose 0.6% to trade at USD31.04 a troy ounce, while copper for December delivery dropped 0.7% to trade at USD3.456 a pound.

Copper traders shifted their focus to the start of the Chinese Communist Party Congress on Thursday, where a once-in-a-decade leadership change is to take place.

The Asian nation is the world�s largest copper consumer, accounting for almost 40% of world consumption last year.

[Chaudhry]

Meinnay ja tak gold ki trading nahi ki mujay gold kay baray mein kuch zada nahi pata is liye mein gold pay trading nahi kerta magar mera khayal hay kay gold ki trading mein zada profit gain kiya ja sakta hay bs ap kay gold kay baray mein analysis achay honay chaye.

[hossin962]

Current trend jo hai woh upward trend pe hai aur jab target hai 1554 agar price niche ki aur gaya toh lowest point hai iska 1536, breaking the trend turn to the downside targeting 1531 then 1525 ..:):(;):yahoo::yahoo:

[Vamos]

breakdown of support in 1700 gold went down very strongly now see that there is a slight pullback to 1685 .. but it's probably just a small fixed income players see that the candles are quite small, and I think this week will see the continuation of falling below 1670 ..:accute:

[Bieela_cute]

Elliott: correction zigzag 1693.56
It should try higher up to 1685.73 - 1690.03. Entry point 1681.42 or 1678.94. After this rise, a correction is expected.
Warning: End of trend
Technical points
Key point 1,690.5000
Entry point 1,681.6600
Elliott 1,672.8200
Closing 1,685.0600
Projection 1,693.5600
Trendline 1,689.0400
Trendline 1,666.0400
Supports / Resistances
Res 2 1,695.0000
Ex-High 1,686.4000
Res 1 1,690.0300
Pivot 1,681.4200
Sup 1 1,676.4500
Ex-Low 1,672.8200
Sup 2 1,667.8400

[dollar]

if we look in weekly chart then we can see gold is making continue down movement. there is one good resistance trend line at 1650. so i hope we can see more down movement and it will try t touch 1650 level. loge at 1650 is good with 1700 take profit if this level is break then fruther downmovement is expected.

[secret alibi]

Bias is neutral in nearest term for gold, as
market still wait US Presidential election,
immediate resistence at 1685 region, a clear
break above that area could trigger further
bullish pressure targeting 1700 key resistence
area. Immediate support is found at 1680
region, a clear break below that area should
trigger further bearish toward 1670 area.

Resistance Level : 1685, 1700, 1710
Support Level : 1680, 1670, 1660
Trading Range : 1700 – 1670
Trend : Neutral

[forexking2]

Expected trading range for today is between: support at 1661.00 and resistance 1692.00
General tendency is expected for the day: Down

[nurdiantofxwave]

Gold back to rise today and make change of short term trend to up. Gold rise and able to touch 1689.03 as a daily ressistance 1 level. If this condition still continue, gold may get up consistent position until market closed.

[ddukic]

Gold 05/11/2012 - 4h Chart Analysis

http://fxlisting.net/images/gold240-05112012.jpg

GOLD 4 HOURS

SUGGESTIONS: In my opinion, the price of Gold goes to the level of 1.626,87usd. Pre-condition the “breaking” of the U3 blue trend line that originates from May 2012. In addition, please note that the 4.25 Fibo ****e that I was mumbling about all last week, is not totally dead yet. The present level price is within its influence and it is not impossible to observe from here a reversal.
Another interesting target is the U2 trend line, the parallel of the U1 trend line, i.e. the channel U1-U2.

The running short positions continue. Below the U3 trend line you should increase slightly your short exposure. If the 4.25 Fibo ****e reacts, you should drastically decrease your short exposure.

The “Bulls” stay calm and enjoy Autumn.

---------- Post added at 11:22 AM ---------- Previous post was at 11:21 AM ----------

Gold 06/11/2012 - Chart Review and Analysis

http://fxlisting.net/images/gold240-06112012.jpg

SUGGESTIONS: It�s too early to comment on the �young� reversal we observe in the Gold�s chart. The previous comments made on the Gold�s evolution are still valid.

[VANDA_S]

http://sadpanda.us/images/1241859-V9XLBHD.png
In M30 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 1705.80

[Jobs]

failed to keep the level of sellers in 1685 and the price has gone up to more important mark in 1700 ... there is a time and expect the price to stop and start again to fall ... but I would not limit exhibited .. should look at the situation, whether slowing down ....

[Emma]

Gold finally went to the northern correction, northern end of the correctional wave and a possible resumption of the South, I expect to reduce the level of 1700, and while he was my main northern goal, as the dollar index went to the reduction that will push the price of gold.

[rohan 4350]

gold is very good trading because it is always profitable for me i get about $32 profit from gold trading in a day so i really belive that gold trading is very good trading for traders it always gives you profit as well as happiness

[forexking2]

The trading range for today is among the key support at 1660.00 and key resistance 1700.00

The short term trend to the upside targeting 1945.00 per ounce consistently trading above the 1520.00 close of the week.

[winstead]

Technically, gold is currently trading below the balance in price range 1687. If gold can not break this level then gold will go back down to 1670 price levels even lower.

[hodhod2000]

The trading range for today is expected among the key support at 1660.00 and key resistance now at 1700.00.

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.

[hodhod2000]

The trading range for today is expected among the key support at 1660.00 and key resistance now at 1700.00.

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.

[raihan8212]

Gold prices fell on Wednesday as investors waited for results of U.S. elections in the safety of the greenback, which trades inversely from gold, the traditional hedge to weakening paper currencies.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.31% at USD1,709.75 a troy ounce, up from a session low of USD1,705.95 and down from a high of USD1,711.85 a troy ounce.

Gold futures were likely to test support at USD1,683.55 a troy ounce, Tuesday's low, and resistance at USD1,720.85, Tuesday's high.

Results were trickling in during early Asian trading on Wednesday, with predicted results hitting the wire so far.

Key battleground states such as Florida, Ohio and Wisconsin have yet to indicate a winner, which would tip the election in favor of either President Barack Obama or his Republican challenger Mitt Romney.

Uncertainty kept investors camped out in safe-haven dollar positions, which was bearish for the yellow metal.

Results could have major long-range impacts on both the dollar and gold.

Mitt Romney has suggested he opposes the Federal Reserve's loose policies, including quantitative easing, under which the Fed buys bonds held by banks, pumping the economy full of liquidity to depress borrowing costs to spur recovery, which weakens the dollar as a side effect.

Fed Chairman Ben Bernanke's term ends in January of 2014, and a Romney victory could up the chances that today's head of the U.S. central bank could be replaced by a more hawkish figure.

Yet Romney has proposed cutting taxes and dismantling regulations erected under President Obama in the last four years, and a Romney victory could see gold spike amid a risk-on trading session and then drop later if he follows through with measures encouraging tighter monetary policy.

An Obama victory could signal the Fed will likely stick with its loose policies, which would support gold in the long run.

Investors kept an eye on events in Europe, which fueled more demand for dollars.

Greek lawmakers will vote later Wednesday on a new round of austerity measures Athens must secure to tap its next installment of bailout money provided by the country's European neighbors as well as the International Monetary Fund.

Some members of the government coalition have balked at the government's proposed wage cuts and tax hikes.

Meanwhile investors largely shrugged off data revealing that German factory orders dropped 3.3% in September, worse than expectations for a 0.5% decline.

Elsewhere on the Comex, silver for December delivery was down 0.64% and trading at USD31.828 a troy ounce, while copper for December delivery was down 0.37% and trading at USD3.502 a pound.

[romannil]

Gold technical analysis for 07.11.2012 by using : Auto pivot indicator.

resistance 3:1766.20
resistance 2:1743.10
resistance 1:1729.10

pivot point :1706.00

support 1:1692.00
support 2:1668.90
support 3:1654.90

[nurdiantofxwave]

Gold keep in up position and now, it's still continuing up. In asian market session ago, gold go down weak until touch 1706.00 as a daily pivot point, after that, gold retrace up and make strong movement. If this movement still continue, gold predicted to rise until 1737.67.

[gul]

mairey tamam forex dosto maira khayal hy k 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 nahi aayega..
So for gold i would recommend you guys to wait and watch.......
thanks

[muhin_123]

Gold is very risky , i think but it is more profitable from other currency.If one pips up in volume 0.01$ when rate is 1.00$. So it is very risky & profitable.If your invest is big , you trade in gold.If your invest is small it is better not trade in gold.I lost 35$ in gold today.

[Bieela_cute]

Elliott: common flat correction up 1727.11
Current rise seems to be over near 1718.49 or 1730.09 for a retracement towards 1706.89 - 1699.80 area.
Warning: Imminent end of bullish move
Technical points
Key point 1,729.4500
Entry point 1,706.2900
Elliott 1,672.8200
Closing 1,715.9200
Projection 1,727.1100
Trendline 1,683.6900
Trendline 1,694.5700
Supports / Resistances
Res 2 1,744.2600
Ex-High 1,721.0600
Res 1 1,730.0900
Pivot 1,706.8900
Sup 1 1,692.7200
Ex-Low 1,683.6900
Sup 2 1,669.5200

[Emma]

Yesterday, gold demonstrated very strong growth, the price is now found itself in the resistance 1725 (pierced his false breakdown) seem begins south correction, stochastics gave a sell signal, the goal in 1710.

[winstead]

Bias short-term price movement is becoming bullish, but there is resistance around 1727 levels which can withstand the continued strengthening of gold prices. If the 1727 level can be breached, gold will bounce back toward potential targets to 1734 and 1735.

[hodhod2000]

The trading range for today is expected among the key support at 1700.00 and key resistance now at 1752.00.

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.

[yudijoni]

With sustained by dynamic support is now located at 1707.38, the price of gold (XAUUSD) continues to move up the pursuit of Fibonacci retracement level of 50% which is 1733.89. Next target if the area is penetrated resistance is 1748.40. Several others also continue to shore up support bullish trend that began three days ago. Support-Support is 1720.75 and 1712.70.
http://financeroll.co.id/wp-content/uploads/2012/11/119.png

[kingfoxy812]

gold is very risk to trade.... to trade gold you need to acquired with the movement.....gold can be profitable too

[rubel_dc]

Gold price are not climbing ups... One things is clear to me that when dollar price goes high then gold goes high but when it falls gold price goes down. but it effect too slowly.... also need to big fund for trading gold

[ahmed fakhry]

The price of gold added today almost 32$ in its price reaching a two-week high against the fact of winning of the U.S. election by Mr. Obama won, but later the situation has changed, and the price of gold declined sharply as investors' attention shifted to the U.S. financial troubles. The December futures price of gold fell to 1709.40 dollars per ounce on COMEX today.

[winstead]

Gold should be corrected to 1703.12 zones. If the movement down and penetrate 1717.33, indicating a trend of gold would be bearish.

[amni570]

Gold topples to $1678.00

[mostafaaa39]

.pair is trading along with uptrend and I am expecting uptrend may continues and reach 1667 from current point,

[erespe]

Gold is now breaking the 1723.43 level, and based on my analysis, breaking this level will bring gold move lower. Level 1712.00 could be touched again today. You can see the Bolinger band is now widening after squeezed yesterday.

[winstead]

Gold back to the minor bearish channel indicating weakness against gold. Reduction targets in the range of the price of gold in 1703. Stuck at this level will make the gold price back up to the area in 1728.

[romannil]

Gold technical analysis for 14.11.2012 by using : Auto pivot indicator.

resistance 3:1746.63
resistance 2:1739.47
resistance 1:1731.93

pivot point :1724.77

support 1:1717.23
support 2:1710.02
support 3:1702.53

[forexking2]

Expected trading range for today is between: support at 1710.00 and resistance 1750.00
General tendency is expected for the day: UP

[asmakhatun]

Price lifted $5 after industry afford and planned added bullish candelas on regular chart, if its able to develop the 1551 then we see many intelligent gather toward all dimension squealing, Have on buy organization till all moment screechy.

---------- Post added at 08:57 AM ---------- Previous post was at 08:54 AM ----------

oday,Initial argue at 1518 (May 27 low) followed by 1504 (May 23 low). Initial resistance is now at 1550 (June 1 adenoidal) followed by 1577 (All moment higher).

[Bieela_cute]

Elliott: correction zigzag 1713.61
It is likely to fall towards 1717.74 - 1710.50 unless a corrective rally breaks the 1728.96 resistance. Stop above 1732.57 zone.
Technical points
Key point 1,725.3000
Entry point 1,728.1400
Elliott 1,738.8300
Closing 1,724.9700
Projection 1,713.6100
Trendline 1,733.8400
Trendline 1,730.0000
Supports / Resistances
Res 2 1,740.1800
Ex-High 1,732.9400
Res 1 1,732.5700
Pivot 1,725.3400
Sup 1 1,717.7400
Ex-Low 1,718.1000
Sup 2 1,710.5000

[ahmed fakhry]

The price of gold increased due to the possible threat of financial problems in the U.S. that could push the world's largest economy into recession. Also there was an increase in investment demand for gold amid economic uncertainty and the introduction of new investment tools in Asia. The December futures price of gold after hitting today the $1732.4 area fell on COMEX to 1717.60 dollars per ounce.

[Tyler7]

Gold is currently trading in a sideways channel, but the price went up to its upper limit and 131.70 seem wrapped again to the south, while purchases can only be seen in the breakout 131.70, or wait closer to 1721 and the support of her already buying, south until you look .

[ddukic]

Gold 09/11/2012 - 4h Chart Analysis

http://fxlisting.net/images/gold240-09112012.jpg

GOLD 4 HOURS CHART

SUGGESTIONS: I mentioned in previous comments that a �head and shoulders� set up was forming after the up move of the price on the announcement of Obamas re-election. �Whatever does not go down, goes up�, experienced traders sustain. So, the price moved up. At this right moment is under the 200SMA and pretty soon in the day we will observe its evolution. Don�t forget to consult the Fibo Retr scale marked with blue arrow. This Fibo scale measures the reaction�s extension against the fall from the level of 1.788,33 till the level of 1.673,32usd.

Whoever was on long running positions stays cool and waits the result of the �meeting� between the price and the 200SMA. Please note that such meeting may last several trading hours. Obviously, by now, you know what to do above the 200SMA or below it.

---------- Post added at 08:15 PM ---------- Previous post was at 08:14 PM ----------

Gold 12/11/2012 - 4h Chart Analysis

http://fxlisting.net/images/gold240-12112012.jpg

GOLD 4 HOURS CHART

SUGGESTIONS: The Gold’s price encountered the 200SMA and as expected, faithful to the manuals of technical analysis, bended its path.

I have added a ret trend line: “D1” between the 200SMA and the previous high level of 1.795,16usd on October 5th. If this D1 trend line “stands” during the next few days it will probably play a significant role for the development of the parity’s path. In conjunction to this D1 trend line, the parallel D2, creating a channel, the “D1-D2”, may also develop to the lower part of the zone within this parity may move in the near-medium term future.

As far as trading strategies is concerned please note:

Existing long positions reduce their long exposure and wait to see the developments. Set a “trailing stop loss” to protect some profits, or, close the long positions in case the price does fall further. Above the 200SMA you increase again your exposure.

The newly opened timid short positions set a stop loss above the 200SMA and wait. To increase the short exposure you should wait for the development of a set up indicating downwards in order to identify the target levels and evaluate the corresponding risk/reward ratios.

---------- Post added at 08:16 PM ---------- Previous post was at 08:15 PM ----------

Gold 13/11/2012 - 4h Chart Analysis

http://fxlisting.net/images/gold240-13112012.jpg

GOLD 4 HOURS CHART

SUGGESTIONS: Looking at this 4 hours chart of Gold, after the facts, it looks very easy to have accurately traded the evolution of this price.

Look at the double effort of the price to cross from below the 200SMA. The efforts failed and the price, for the time being, reversed. Will it continue to move downward?

GOLD 4 HOURS CHART (ZOOMED)

http://fxlisting.net/images/gold240Z-13112012.jpg

SUGGESTIONS: The failed double effort actually constitutes a “1-2 Waves” set up. I have inserted a Fibo scale marked with a red arrow that estimates the extension of the eventual falling continuation.

As you can observe, the technical elements of the 4 hours chart normally posted on the site are still evident on this zoomed chart.

Now, let us experiment. If you don’t want to use money, use a paper-trade mode.

I would not open a short position now because “the train already travels”. I will wait the next “station” to get on board with a timid long position. If my stop loss is hit, I close the position. I will wait for some time to see the evolution of the price and then I will open a position to the direction of the trend. To the next resistance or support level I will reduce my exposure. I will set a stop loss and then wait. If the stop loss is hit the position will close. At this point, I return to the opening of a timid position. In case the price continues evolving as per the trend, I increase the exposure of my opened position and I keep it running till the next resisting or supporting level. Again reduction of the exposure i.e. “defense”.

Please try it. On the paper does not cost anything provided you do it seriously, as if a lot of money were involved.

Further down I am posting a zoomed chart on the specific failed double effort in order to experiment together the accuracy of a trading strategy.

---------- Post added at 08:17 PM ---------- Previous post was at 08:16 PM ----------

Gold 14/11/2012 - 4h Chart Analysis

http://fxlisting.net/images/gold240-14112012.jpg

GOLD 4 HOURS CHART

SUGGESTIONS: The price was repeatedly resisted by the 200SMA for the last 4 trading sessions. We all understand that a fall is eminent. Otherwise, we need a “firework” to motivate the traders push the price above the 200SMA.

http://fxlisting.net/images/gold240Z-14112012.jpg

SUGGESTIONS: The price is compressed by the 200 and 50 SMAs. The technical analysis set up that is created since the 5th of November 2012 is called “flag”, “pennant” or other similar names because it looks like. Please be alert. Please be informed about the mentioned set ups and their possible evolutions.

[erespe]

Gold back to sideways zone. Today we will watch for 1723.43 level to break. Price is now at 1724.20, if that level broke, then it is possible for gold will move lower to 1702.50 area. Stay above the level will keep gold in the sideways zone between 1723.43 to 1735.81

[romannil]

Gold technical analysis for 15.11.2012 by using : Auto pivot indicator.

resistance 3:1746.63
resistance 2:1739.47
resistance 1:1731.93

pivot point :1724.77

support 1:1717.23
support 2:1710.07
support 3:1702.53

[ahmed fakhry]

The price of December futures of gold increased on COMEX today to 1734.00 dollars per ounce amid published negative macroeconomic data and discussions on the "fiscal cliff."

[munii]

Gold has very large rate in the forex market so if you are a small investor and want to trade with Gold then it is very risky and not good for your account so please avoid from a high risk if you have balance more then 50000$ then i will say you that you can trade with Gold with the lot size 0.50cent and Gold give you a lot of profit in short time.

[forexking2]

Gold price is still confined to the SMA 50 and the level of 1731.00 awaited breakout, while stochastic continues to make it difficult task Price infiltration.

[Bieela_cute]

Elliott: flat correction up 1737.32
A drift down to 1720.25 - 1714.00 from 1726.51 - 1730.23 area could be followed by a consolidation/corrective activity.
Technical points
Key point 1,725.7900
Entry point 1,724.0100
Elliott 1,718.1000
Closing 1,726.5100
Projection 1,730.9100
Trendline 1,720.8500
Trendline 1,723.6000
Supports / Resistances
Res 2 1,740.2100
Ex-High 1,733.9600
Res 1 1,733.3600
Pivot 1,727.1100
Sup 1 1,720.2500
Ex-Low 1,720.8500
Sup 2 1,714.0000

[winstead]

Gold bias remains neutral in the short term, the nearest support in the area of ​​1723, break down this area could trigger further bearish towards 1715 area.

[jogoroni]

Silver has moved and has been denied by the 1759.04 assistance stage. But the denial is not too powerful. I think Silver will check that assistance stage again these days and if Silver can break this assistance, Silver may drops to the next assistance stage at 1740.05

[don1]

the price of Gold is on the top from all the things that in the forex market so it is very big risk to trade on Gold so i do not trading on Gold with my real account i am trading just in demo account and practice on the Gold trends.

[ishvara]

Gold bias remains neutral in the short term, the nearest support in the area of ​​1723, break down this area could trigger further bearish towards 1715 area.

Gold prize will also increase as we forex exchange traders should know that old would remain bullish. the next target is 1800 dollar per troy ounce which is a price i am sure that would be reached next year before end of the first quarter.

[roncos]

gold futures for December delivery were down 0.28% at USD1,725.25 a troy ounce, up from a session low of USD1,722.85 and down from a high of USD1,726.05 a troy ounce.
Gold futures were likely to test support at USD1,717.85 a troy ounce, Tuesday's low, and resistance at USD1,733.85, Wednesday's high.

[secret alibi]

Bias is neutral in nearest term as long as price
not break above 1718 area as MA 200 on
chart H1, a clear break above that area could
trigger further bullish testing 1727 region.
Immediate support is seen around 1705, a
clear break below that area could trigger
further bearish toward 1700 as key support
area.

Resistance Level : 1718, 1727, 1740
Support Level : 1705, 1700, 1690
Trading Range : 1718 – 1705
Trend : Neutral

[romannil]

Gold technical analysis for 16.11.2012 by using : Auto pivot indicator.

resistance 3:1745.73
resistance 2:1739.57
resistance 1:1732.73

pivot point :1726.57

support 1:1719.73
support 2:1713.37
support 3:1706.73

[medone]

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.

[ALLIANZ]

Low yesterday ($ 1704) has touched the 50% Fibonacci level daily chart ($ 1,705). If today's closing below that the testing area in the $ 1677 - $ 1685, $ 1705 area also is a signal to the selling pressure on profit-taking. Conversely, if the closing today above $ 1717 then it is likely to re-testing sideways to break $ 1740 area will continue to try and break area $ 1725 a movement signal.
Will carefully massive profit taking which can make bearish rally towards testing price $ 1650 - $ 1660, Closing day can be used as a foothold in the price movement of gold in the next week.

[abdurrehman]

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
my dear frined gold ki price ka kuch andaza nai hota baz okaat gold ki price boht tezi se oper chali jati hai aor baaz okaat gold ki price boht tezi se neche aa jati hai. is liye gold pe trading karte hove kafi ehtiyt karni chaye

[medone]

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 nahi aayega..

[Bieela_cute]

Elliott: extension wave down 1704.57
One more dip to 1710.45 is likely followed by a grind higher to 1727.64. After which it can resume its downtrend.
Technical points
Key point 1,715.3000
Entry point 1,720.3100
Elliott 1,733.9600
Closing 1,715.9100
Projection 1,708.3100
Trendline 1,728.0500
Trendline 1,722.1400
Supports / Resistances
Res 2 1,739.3800
Ex-High 1,728.0500
Res 1 1,727.6400
Pivot 1,716.3200
Sup 1 1,704.5800
Ex-Low 1,704.9900
Sup 2 1,693.2500

[ishvara]

Gold has been consolidating at a given range span between 1707 to 1730 per troy ounce respectively. i still await an entry point when it will be bullish and test the all time high standing at 1800 dollars per troy ounce.

[ahmed fakhry]

The prices of gold went down along with the direction of equity markets, however, were supported by the growing tensions in the Middle East and the fears of financial crisis in the U.S. The December futures price of gold fell to 1704.50 dollars per ounce, yet snap back to 1714 per ounce closeк to the end session on COMEX today.

[Emma]

Gold was far from the lows to the south, from further decline separates price support in 1709, but most likely it will be broken (and I and selling), while overcoming the mark in 1709 will open a lot of potential - the price can go down to 1675.

[forexking2]

the price of gold shows a slight downward tendency since the morning, and now settles near 1710.00, while we still need to further confirmation of the destination following instantaneous rate, by monitoring the disposal price levels for whose support is pivotal 1710.00 and 1721.00 resistance

[winstead]

Gold fell to 1704.90 and through support at 1714.00 area. I estimate today's gold price is expected to remain bearish likely continue strong support towards 1699.15.

[abdurrehman]

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.
is waqat gold loss mein ja raha hai is liye traders se gozarish hai k wo gold mein trading karne se oehly zara ehtiyat se kam len ta k wo loss se bach saken,

[Bieela_cute]

Scenario for next week
Elliott: flat correction down 1698.03
There are initial signs of a good corrective recovery towards 1725.02 or even 1731.70. Supports at 1708.48 and 1698.63 zone.
Warning: Harami
Technical points
Key point 1,710.9600
Entry point 1,724.3200
Elliott 1,738.8300
Closing 1,711.9800
Projection 1,698.0300
Trendline 1,704.9900
Trendline 1,737.1600
Supports / Resistances
Res 2 1,751.4200
Ex-High 1,738.0600
Res 1 1,731.7000
Pivot 1,718.3400
Sup 1 1,698.6300
Ex-Low 1,704.9900
Sup 2 1,685.2700

[forexking2]

Sideways also but, can be more up bulls again if the 1715.87 can be break up by buyer. On simple say , search again for buy here is better Only / after the 1715.87 was break by strong bulls candle then.

[sarfrazonline1]

Buy gold 1720
Tp 1725-30
Sl 1710

[hodhod2000]

The trading range for today is expected among the key support at 1698.00 and key resistance now at 1738.00

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.

[adnanhm]

i think about Gold we cant predict correctly as it goes with its wish so be careful in Gold trading and it would b very necessary to wait for monday morning to start and wait for the London session what that session do

[adnanhm]

i will look monday price of gold and its move then i will look support and resistance level if it break out then i will go for the trade with proper analysis

[Bieela_cute]

Scenario for today
Elliott: extension wave down 1704.57
It should try higher up to 1714.78 - 1717.71. Entry point 1711.84 or 1708.97. After this rise, a correction is expected.
Warning: Harami
Technical points
Key point 1,708.5200
Entry point 1,710.3200
Elliott 1,733.9600
Closing 1,711.9800
Projection 1,708.3100
Trendline 1,717.2400
Trendline 1,709.3800
Supports / Resistances
Res 2 1,723.4400
Ex-High 1,717.5700
Res 1 1,717.7100
Pivot 1,711.8400
Sup 1 1,706.1100
Ex-Low 1,705.9700
Sup 2 1,700.2400

[erespe]

Gold is now climbing to reach 1723.43 level. If the level successfully break, then will be potentially rise to 1735.00. However if it fails, then gold may fall to 1704.00

[romannil]

Gold technical analysis for 19.11.2012 by using : Auto pivot indicator.

resistance 3:1730.30
resistance 2:1723.70
resistance 1:1718.50

pivot point :1712.00

support 1:1706.90
support 2:1700.30
support 3:1695.20

[badrussh]

Based on the daily chart, bearish or selling pressure gold prices are increasingly seen as the last 2 days last week gold price closed bearish row. Target bearish early look at the level of 50% FR 1692.90 to trigger further bearish expectations coupled with technical indicators that have been under 50% of the South lead. This condition puts the price of gold in the negative area. While the chances of a rebound is possible if the price of gold can move and hold above Wednesday's closing level last week 1726.45.

[forexking2]

Although we see this Gold (on the big trend) still bearish (can be see with trendline condition) - but for intraday trade (today) this pair look up bulls (first) for bulls correction as long as the seller can not break down more to that lower trendline at near price 1711.50. So, search for buy with SL bellow that 1711.50

[amni570]

USD/CAD Elliott Wave
Last week the USD/CAD pair was trading in a downward move, impulsive (3) wave (coloured green) of the bigger (1) wave (coloured red) was developing. During the Friday�s Asian and European sessions we could observe ascending movement from 0.9960 towards the 0.9984 level and we can consider this move as the end...

[mostafaaa39]

din neeche girnme ke bad gold ab stable ho gaya hai aur iska uptrend start ho gaya hai
mere khayal se gold ko yaah se kharid ke 1.5500 ke pas tak sell kiya ja sakta hai..gold me aap is waqt acha opasia kaam sakte h

[winstead]

Gold will go back down towards the low price range on Friday for the first target, and the target price range the furthest decline towards 1694. On the other hand if the gold be able to break up area 1730 then gold will continue to strengthen into 1738 again i think.

[dollar]

Today’s technical analysis ( daily time frame-20-11-12)

Resistance 3- 1761.29
Resistance 2- 1748.40
Resistance 1- 1739.89

Pivot point- 1727.00

Support 1- 1718.49
Support 2- 1705.60
Support 3- 1697.09

If we look in day time frame we can see that a doji candlestick pattern is followed by a bullish candle so i hope now its up trend has been started. Long with 1748 take profit and 1718 stop loss.

[romannil]

Gold technical analysis for 20.11.2012 by using : Auto pivot indicator.

resistance 3:1760.70
resistance 2:1747.90
resistance 1:1739.60

pivot point :1726.80

support 1:1718.50
support 2:1705.70
support 3:1697.40

[adnanhm]

so many guys saying but for me Gold will come down again i hope so as i sell Gold on 1733 and my target is 1722 i hope i will get that figure at today night because there is two impact waiting first on 12pm Euro may effect and then USD at night can affect the Gold price

[Bieela_cute]

Scenario for today
Elliott: irregular flat correction up 1745.02
Current rise seems to be over near 1733.67 or 1740.08 for a retracement towards 1727.26 - 1723.09 area.
Warning: Imminent end of bullish move
Technical points
Key point 1,738.4700
Entry point 1,725.6000
Elliott 1,704.9900
Closing 1,731.7500
Projection 1,751.8600
Trendline 1,712.8100
Trendline 1,722.9200
Supports / Resistances
Res 2 1,748.4200
Ex-High 1,735.6000
Res 1 1,740.0800
Pivot 1,727.2600
Sup 1 1,718.9300
Ex-Low 1,714.4400
Sup 2 1,706.1100

[ahmed fakhry]

Gold: Gold prices rose today to 1735.40 dollars per ounce, offsetting losses of the last week. The prices were supported by increased risk appetite and weak dollar.

[Vamos]

Gold continues to form the tapered triangle with a very clear resistance level seen in 1736 ... but just roll down getting higher .. I think sellers ****ually start to leave ... so that even if the price is getting ready to punch back at the top ...

[natasha55]

Intraday trading signal
xauusd m30

the price has break out from the lower rising wedges. Due to this,
i expect that the price will at least aim to go further down to 1728.1

[winstead]

Gold back into resistance last week at the 1730 price level. Break would bring up gold prices to the level of 1752. This process gives the signal weakening if gold can not break up 1730 today, weakening towards the target price range 1715.

[erespe]

Level to watch today is 1723.43 as gold is in a down movement, if it can break the level, then gold may down towards 1714.25. But if it fails to break the level, the it is possible to reach higher to touch 1751.86

[romannil]

Gold technical analysis for 21.11.2012 by using : Auto pivot indicator.

resistance 3:1747.43
resistance 2:1741.27
resistance 1:1734.03

pivot point :1727.87

support 1:1720.63
support 2:1714.47
support 3:1707.23

[Bieela_cute]

Scenario for today
Elliott: common flat correction up 1733.96
There are initial signs of a good corrective recovery towards 1731.45 or even 1734.47. Supports at 1724.75 and 1721.08 zone.
Technical points
Key point 1,729.7300
Entry point 1,727.6000
Elliott 1,704.9900
Closing 1,727.1400
Projection 1,733.9600
Trendline 1,722.8700
Trendline 1,730.5600
Supports / Resistances
Res 2 1,741.8100
Ex-High 1,735.7500
Res 1 1,734.4700
Pivot 1,728.4200
Sup 1 1,721.0800
Ex-Low 1,722.3600
Sup 2 1,715.0300

[fanikakkoo]

Buy gold 1722
Tp 1727-1732
Sl 1712

[tradergalau]

Gold: After yesterday's fast upward move, the price of gold stabilized in the range of $ 1729 - $ 1735 per ounce today, however, could not keep these levels and fell to $1721.90 per ounce on the COMEX.

[ahmed fakhry]

After yesterday's fast upward move, the price of gold stabilized in the range of $ 1729 - $ 1735 per ounce today, however, could not keep these levels and fell to $1721.90 per ounce on the COMEX.

[winstead]

Gold touch support in the range of 1722. While this level of 1722 is a strong support. If gold continues to survive, the price of gold will return to near resistance around 1739.

[romannil]

Gold technical analysis for 22.11.2012 by using : Auto pivot indicator.

resistance 3:1744.23
resistance 2:1737.87
resistance 1:1733.13

pivot point :1726.77

support 1:1722.03
support 2:1715.67
support 3:1710.93

[Bieela_cute]

Scenario for today
Elliott: flat correction down 1716.74
It may attempt a test higher to 1730.36 - 1734.21 after which weakness may set it to a drift down to 1720.93 limit.
Technical points
Key point 1,730.0400
Entry point 1,730.1500
Elliott 1,735.7500
Closing 1,728.6300
Projection 1,724.0000
Trendline 1,732.0900
Trendline 1,728.4300
Supports / Resistances
Res 2 1,739.7900
Ex-High 1,732.0900
Res 1 1,734.2100
Pivot 1,726.5100
Sup 1 1,720.9300
Ex-Low 1,718.8100
Sup 2 1,713.2300

[forexking2]

Gold also on still look to probably more bulls. On my see price on try to re-test again to near that strong supply zone at 1737.73. So, search for buy but with target profit before the price 1737.73 = better.

[ddukic]

Gold 21/11/2012 - 4h Chart Analysis

http://fxlisting.net/images/gold240-21112012.jpg

GOLD 4 HOURS CHART

SUGGESTIONS: This is a complicated chart because it includes many technical elements. In my opinion, most of them are necessary. So, please be patient.

So, re-entering and staying in the D1-D2 channel will oblige the opening and relative maintenance of short positions. In the contrary sense, the respect of the u1-u2 blue upwards channel by the price, will oblige us to keep opened the eventual long positions already running and slightly increase the present long exposure.
There are many analysts talking about the correlation between the USD and Gold. Please read the relative article in fxlisting.net.

Thanks

---------- Post added at 11:33 AM ---------- Previous post was at 11:33 AM ----------

Gold 22/11/2012 - 4h Chart Analysis

http://fxlisting.net/images/gold240-22112012.jpg

GOLD 4 HOURS CHART

SUGGESTIONS: It is not safe to forecast the Gold’s price evolution during the Thanks giving day in the USA.

Nevertheless, the main question is: Is the correction, from 1.795 usd level to the one of 1.689 usd, a “pull back” or the “A” leg of a major correction to be followed by the “B’ and “C” legs so to fulfill Elliott’s theory about corrections composed by three legs, “A-B-C”?

The correction on the 0.38 ****e of a Fibo Retr scale does not clarify the evolution. The previously observed long term increase of the Gold’s price can easily accept as “pull back” a correction up to the 0.38 ****e of the relative Retr Fibo scale.

Anyway, the long positions should remain opened. The u1-u2 up channel is respected and the price is hovering above the tandem of the two SMAs, the 50 and 200 periods, promising further up movement provided the 1.733 usd level is crossed from below.

“Bears”, please stay away. Is not your time, unless you can masquerade in “Bulls”.

[ahmed fakhry]

The agreement on the end of fire in the Middle East has not been reached, and this problem supported the gold prices today as remained safe-haven asset. The December futures price of gold on the COMEX grew to $1731.60 per troy ounce today.

[yudi]

Gold is trading with uptrend and uptrend may continue and will face resistance at 1690 if broken then pair will cross 1720 but some correction is expected...

[VANDA_S]

http://sadpanda.us/images/1260995-ZREWZDX.png
In M30 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 1732/1736

[winstead]

Gold is still trying to break into a strong fortress at 1737 price levels. Break up the price of gold will go to the range 1755. Suspended those levels then gold will correct to the nearest level before rising again, which will target level price range 1723-1717.

[tradergalau]

There was not a significant movement of Gold until now. But I think Gold still in bullish sentiment and moving above the 1719.66 support level. So, I still expect Gold will go up and may touches or hits the resistance level at 1740.05 or even higher.

[forexking2]

Trend on still sideways till now. Just wait and see. And I can say this nice to bulls if then buyer on this pair can break up again to more that so strong resistance at 1735.37. On other look this gold still sideways as long as the price here still move bellow that 1735.37

[romannil]

Gold technical analysis for 23.11.2012 by using : Auto pivot indicator.

resistance 3:1736.43
resistance 2:1734.27
resistance 1:1731.83

pivot point :1729.67

support 1:1727.23
support 2:1725.07
support 3:1722.63

[Bieela_cute]

Scenario for today
Elliott: irregular flat correction up 1739.75
Our preferred view is for a drift down to 1728.05 or below 1726.06. Resistances is at 1729.08. A rise above 1732.35 would delay but not abort this expected fall.
Technical points
Key point 1,734.0400
Entry point 1,733.5900
Elliott 1,718.8100
Closing 1,730.0400
Projection 1,735.7500
Trendline 1,728.3700
Trendline 1,737.9200
Supports / Resistances
Res 2 1,734.6600
Ex-High 1,732.6700
Res 1 1,732.3500
Pivot 1,730.3600
Sup 1 1,728.0500
Ex-Low 1,728.3700
Sup 2 1,726.0600

[mohamedsalah]

There was not a significant movement of Gold until now. But I think Gold still in bullish sentiment and moving above the 1719.66 support level. So, I still expect Gold will go up and may touches or hits the resistance level at 1740.05 or even higher.

[tradergalau]

The gold traded in a narrow range, as the main U.S. stock markets were closed today in observance of the Thanksgiving holiday. The December futures price of gold on the COMEX closed at $1731per troy ounce level.:)

[ahmed fakhry]

The gold traded in a narrow range, as the main U.S. stock markets were closed today in observance of the Thanksgiving holiday. The December futures price of gold on the COMEX closed at $1731per troy ounce level.

[samsiah]

GOLD Technical Analysis :)))

Gold Is at channel bearish medium-term its of limit upper the testing currently 1,735 decline a suggesting. However, channel bullish violent a initiate will levels these of break a.
Indicators signals sell provide Technical, note is resistance the until but of broken likely most is decline a of assumption the. movement violent a of imminence the and volatility in decline a showing days recent in tightened greatly have Bollinger.
Is channel its of limit upper the testing currently Gold, suggest we 2 scenarios. First of level the on sell a recommend we where decline a of hypothesis the is one The 1,735 the with 1st at objective 1,725 at then and 1,722. Breakthrough of A 1,738 scenario this invalidate will. Second a advise we where resistance its of break a is scenario The “ buy stop” ace gold buy to means which of soon ace of it of resistance its through broken is 1,735 the with 1st at objective 1,745 at then and 1,748. Breakthrough of A 1,732 scenario this invalidate will.:accute:

[forexlearn]

Right this moment so far I know about Gold trade it is now up trend I am trying learn but still fail didn't continuous gain I need more education about Forex so that I can some learn about Forex. I have to consult with pro person.

[Liaba]

Mein nay bai tak Gold pay trade nahi kiya mein nay try ki thi magar meray pas balance kmtha is liye naho raha tha order is liye mein nay is pay trade nahi kiya or mujay lagta hay kay is mein trade kay liye ap kay pas balance zada hona chaye.

[mithon1]

By this I basically mean that you do not need to be a Stock Broker or have any knowledge on Forex Trading or Forex Market to use it.If you want to know more about this article you can visit at Forex Trading System .

[Bieela_cute]

Scenario for the week
Elliott: irregular flat correction up 1764.05
Uptrend is still intact in a triangle configuration. It should continue to rally to 1757.46 or 1766.53 if support around 1740.49 hold. After which a pullback to 1740.49 - 1733.50 zone is possible.
Technical points
Key point 1,770.6800
Entry point 1,747.0600
Elliott 1,672.8200
Closing 1,752.5600
Projection 1,779.6300
Trendline 1,728.1600
Trendline 1,735.2500
Supports / Resistances
Res 2 1,780.5100
Ex-High 1,754.4600
Res 1 1,766.5300
Pivot 1,740.4900
Sup 1 1,726.5200
Ex-Low 1,714.4400
Sup 2 1,700.4700

[fanikakkoo]

Buy gold 31760 sl 31220 tgt 31940

[forexking2]

For XAUUSD . I still see. that trend on still bulls. Can be see with trendline formation on this 4H TF here on look nice bulls zone. search again for buy is better if price that move here still supported by nice bulls price action candle then

[hari fx]

Respectable ville metallic and conductor parties, in Fastidious ville as asymptomatic as gold parties in remaining areas of Florida and all over the commonwealth, are play to materialize solon oftentimes. Tho' they love been in existence for individual eld, it is only now that they are decorous solon familiar

[suzonbmw03]

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). 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

[cepik]

Gold value is down for some days the price has fallen there is no movement in upward but now it is not moving down ward it is in a stable position so I think we should wait for some days more before buy.
:D

[Adeladickhausm1473]

today,Initial support at 1518 (May 27 low) followed by 1504 (May 23 low). Initial resistance is now at 1550 (June 1 high) followed by 1577 (All time high).

good day for forex Perhaps now you can see the importance of the expectancy of your trading system.

[poncoez]

Gold ready to post the weekly gain
Gold headed weekly gain in London after a weak dollar spurred demand for gold as an alternative investment. Palladium ready to record the best week in two months.

The U.S. dollar index, trading parameters against six major trading partners, achieve a lower level in two weeks amid speculation European policy makers will agree to maintain the flow of aid to Greece when they meet on November 26. Greece has been negotiating with the International Monetary Fund and the politicians on the steps necessary to qualify for the exemption installment loans since June.

Gold rose 0.2 percent to $ 1,732.58 an ounce by 9:24 pm in London. Prices are up 1.1 percent this week. Gold for December delivery rose 0.2 percent to $ 1,732.40 on the Comex in New York. There is no trading in the session yesterday for a holiday.

Silver for immediate delivery rose 0.2 percent to $ 33.405 an ounce, after hitting $ 33.505, its highest level since October 15. Platinum was down 0.1 percent at $ 1,579 per ounce. Palladium fell 0.2 percent traded at $ 654.25 per ounce, and recorded an increase of 4.3 percent this week, the most since Sept. 14.

[mohammad bawaaneh]

until now i didnt trade in the forex with gold because i dont have a huge investment to have it deal and the gold need big one

[niknik]

XAU/USD (gold vs. the greenback) closed higher than opening after PMI data from the China and Europe came out better than forecasts. However, the pair remained in range between 1732.40 and 1727.95 as the U.S. markets were closed for the Thanksgiving holiday. Today there is a similar situation during the Asian session due to a Japan holiday. For the last couple of months, underlying demand for gold is being held up by the intensified worries over the global economy. Several central banks around the world continue to purchase gold and these purchases are providing a significant amount of support to gold. But with the overall attitude in the markets, I believe that this tight range will contain the market in the short-term. The XAU/USD has been trading in an increasingly tighter range for the last four days, and as a result it will soon reach a point where it will simply have to break one way or the other. I think it makes more sense to wait until we break out of this tight market. If the pair breaks and holds above 1735 the most likely target will be 1750. If that is the case, there will be additional resistance at 1739 and 1743. A daily close below the 1717 level would shift momentum to the bears’ favor. Support to the downside can be found at 1726 and 1720.60.

[dollar]

weekly analysis-

last week price has been break all resistance and now moving up direction. as per me we can see this up movement is continue but there is little bit down movement as a retracement. once price may be hit 1738 level then again will move in up direction and now try to cross the 1800 level.

[hichammoad]

It seems that the investors lost their golden faith because of the witnesses of sale non-stop in few past sessions and look at no committed investor there until the market succeeds in the manufacturing of few positive sessions and tries to get back to the faith of investors.

[Myrtis]

There are many ways that people can try selling gold. Private sales can make good money especially for collectors' items but the best prices are usually reserved for the best pieces but also for sellers that have the best contact network. Selling privately online using websites like Ebay will not tend to yield the bidding war that many sellers dream of, which means a lower price than expected. Gold buyers offer people selling gold a great opportunity to make a reasonable price on the items they have for sale.

[faruk339]

Go to first new post Gold

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

Novels remain personal. Their authors remain independent individuals even where they become public figures, in contrast to historians and journalists who tend, by contrast, to assume

[rona01717]

Gold trade is really toi much fast in forex market. I saw it gold chart is going up still up trend is going on. I think that it up from 5years to still going up. What you think it yoimg more up next 5years.

[anowarbd]

Gold trading is more risky trading. This trading means to take over risks. We need to invest much more. But it is also true that we get huge amount of profit from gold trading. So gold trading means high risk but high possibilities of profit.

[Tyler7]

Trend was marked resumption of the northern and gold, stood out Friday too hot, the price is finally to determine the direction and then in 1735 formed a resistance breakout pulse-wave northern end of which can be expected around 1789.

[Bieela_cute]

Scenario for today
Elliott: extended impulse wave up 1762.21
Uptrend is still intact in a triangle configuration. It should continue to rally to 1761.21 or 1761.91 if support around 1745.12 hold. After which a pullback to 1745.12 - 1740.45 zone is possible.
Warning: End of trend - Imminent end of bullish move - Engulfing pattern
Technical points
Key point 1,763.7300
Entry point 1,743.3000
Elliott 1,718.8100
Closing 1,752.5600
Projection 1,771.1600
Trendline 1,735.9600
Trendline 1,735.9600
Supports / Resistances
Res 2 1,771.2500
Ex-High 1,754.4600
Res 1 1,761.9100
Pivot 1,745.1200
Sup 1 1,735.7800
Ex-Low 1,728.3300
Sup 2 1,718.9900

[romannil]

Gold technical analysis for 26.11.2012 by using : Auto pivot indicator.

resistance 3:1785.83
resistance 2:1769.97
resistance 1:1759.53

pivot point :1743.67

support 1:1733.23
support 2:1717.37
support 3:1706.93

[ladyheart]

INTRADAY TRADING SIGNAL

XAUUSD M15

I see an emerging chart pattern of ascending triangle forming at m15 chart.
We shall now trade from a signal given by which way the price breakout.
Wait for a breakout! :)

[forexking2]

For XAUUSD . I still see. that trend on still bulls. Can be see with trendline formation on this 4H TF . on look nice bulls zone. And yes . search again for buy is better if price that move here still supported by nice bulls price action candle then.

[fanikakkoo]

Gold Free Signals June 22
Price : 1565.00
Trend : Upward
***Buy at : 1565.00
Stop Loss : 1555.00
Take Profits : 1580.00
June 22 at 3:23am

[winstead]

I expect gold to weaken towards the price range of 1744 before experiencing reinforcement. If gold is still weak and break 1744 levels then gold will go back into the price range 1737.

[HaQi]

Partiality is indorse to bullish, after succeded destroy
condition at 1630. Partiality is noneffervescent bullish as lengthened
as the damage moves exclusive bullish channelise.
Unmediated status is at 1672

[nayeem mahfujur]

Instead, our day trading mentor program gives you the skills you need to avoid common pitfalls experienced by traders and maximize your success in the markets. These skills include:

Proper planning for enter and exit trades

[hamada2s]

اختيارنا المفضل: مراكز شراء بعيد الأستحقاق فوق 1735 مع أهداف عند 1757 و 1765.

سيناريو بديل: تحت 1735 ابحث عن الهبوط المتزايد مع 1728 و 1722 فكأهداف.

تعليق فني: حتى وإن كان لا يمكن استبعاد استمرار الأدماج، لا بد أن يحدّ من توسعه.

مستويات رئيسية
1773**
1765**
1757**
1748.73
1735**
1728**
1722**
https://trader.iforex.com/signals/tradingcentral/297ae23e3fbf4ebbb0a05338080ffef6.gif

[juwi]

gold futures for February delivery were down 0.17% at USD1,750.75 a troy ounce, up from a session low of USD1,750.45 and down from a high of USD1,754.15 a troy ounce.
Gold futures were likely to test support at USD1,720.25 a troy ounce, Wednesday's low, and resistance at USD1,754.95, the high of Oct. 17

[samsiah]

Open Position of SELL Limit GOLD in 1753.00
=============================
=============================
SL : 1756.00
TP 1 : 1748.00
TP 2 : 1743.00
=============================
=============================

[piggybank]

The gold trend forecast by 27 November 2012 as follows:
The intraday big resistance is 1754. Gold price's current uptrend is expected to pause here for a minor correction to the support at 1740. Then gold price will continue its rise to target the 1761 area. After that gold price will turn bias to downtrend. Expected gold trading range today is 1754-1740.

[romannil]

Gold technical analysis for 27.11.2012 by using : Auto pivot indicator.

resistance 3:1756.97
resistance 2:1754.13
resistance 1:1751.17

pivot point :1748.33

support 1:1745.37
support 2:1742.53
support 3:1739.45

[jefricha]

it testament locomote up both many days exchequer 1650 or 1660 purchase now is whatsoever what serious because we may look any flow because there was few immense name in yesteryear life, lets wait for it to signaling many emerge.

[mohamedsalah]

Gold only moved in small range yesterday and because of that if we look on daily time frame, the yesterday's movement only form an inside bar candle. So the break out movement may happen today.
If Gold can break the yesterday's high, Gold may touches the 1759.04 resistance level or higher. But if Gold can break the yesterday's low, Gold may touches the support level at 1740.05 or lower.

[VANDA_S]

http://sadpanda.us/images/1266596-1FOYRL7.png
At the H4 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 1762.67

[niknik]

Commodity Analysis: “Gold bounced from the 50% retracement of the rally from 1672.50 Thursday but what bothers me about being bullish is the corrective nature of the rally from the low (3 waves). However, the low on day 3 of the month and emotional trade at the low (11/2 was a JS Thrust day) suggests that price is likely to stay above 1672.50 for the remainder of November. Perhaps a complex correction is underway (series of 3 wave movements) throughout November.”

Commodity Trading Strategy: “I’m on the lookout for a wave 2 or B top below the October high at higher levels.” 1770/80 is of interest as a reversal zone.

LEVELS: 1719 1727 1736 1763 1771 1780

[forexking2]

The Gold look still sideways. But this can be more nice bulls continuation again then . if the buyer here can break that so strong supply at 1754.08. For now . wait and see is more better action then - if that 1754.08 was break up by buyer search again for new Buy here will be good action,

[ahmed fakhry]

The Gold became slightly cheaper due to profit taking after rising to one-month high on Friday and accumulation of the long positions at the 1749 dollars per troy ounce level for December futures price of gold.

[usmanraza]

gold bohat acha pair ha ma golad ma tarde ki ha but abi tak ma gold ma loos ma ho gold ki market
ko smj nahi paya raha ma is ki demo account ma training kar raha ho

[ALLIANZ]

Gold corrected lower yesterday to hover around 1748 area, indicating bias is neutral for nearest term.
Break below 1742 support area could trigger further bearish correction back to 1735 or even 1720 region.
Only a break above resistance at 1755 area which could continue the medium term bullish outlook targeting 1770 region.

[muazafzal]

Gold is currently testing the upper limit of its medium-term bullish channel at 1,758 suggesting a decline. However, a break of these levels will initiate a more violent bullish channel.
Technical indicators provide sell signals, but until the resistance is not broken the assumption of a decline is most likely. Bollinger bands are much discarded as a result of a strong increase these days. Stabilization is expected in the short term.
Gold is currently testing the upper limit of its channel, we suggest 2 scenarios. The first one is the hypothesis of a decline where we recommend a sell on the level of 1,758 with the 1st objective at 1,748 and then at 1,745. A breakthrough of 1,760 will invalidate this scenario. The second scenario is a break of its resistance where we advise a �buy stop� which means to buy gold as soon as it is broken through its resistance of 1,758 with the 1st objective at 1,768 and then at 1,770. A breakthrough of 1,755 will invalidate this scenario.

[Monik]

For gold now need wait for the southern correction was forming the top 3 of fractals (following merchants) after which the price decline sharply beginning and now broke through the lower zone of the fractal, reducing the level of forward 1737.40.

[winstead]

Gold will still be traded within a limited range today in the range of 1754-1744 levels. Break 1744 area then gold will go to 1734 price range. Meanwhile, if gold were able break 1754 levels then gold will go to 1770 price levels.

[romannil]

Gold technical analysis for 28.11.2012 by using : Auto pivot indicator.

resistance 3:1759.63
resistance 2:1755.37
resistance 1:1748.53

pivot point :1744.27

support 1:1737.43
support 2:1733.17
support 3:1726.33

[sarfrazonline1]

Gold is 1739.6 now. Reached my sensitive level 1740 area. But I think can try buy here and bet market can hold. It is because up trend still here not crash on this moment. My rule is follow the trend is clever act. Anytime market down reach 172x area will make me deeply think the up trend finish start turn to Big Bear. We must with a well preparing for react when level appear!

[winstead]

Gold did retrace towards support, which is in the 1730/35 today. In addition, the region is also strengthened by the resistance-turned-support. If the resulting increase in about 1730, I'll open buy. Support is at 1720 followed by strong support, while resistance at 1765/70 followed by 1785.

[cadetmaaz]

Gold remained above the crucial $1740 level.Because of this,we are still bullish of the market and would be regardless.After all,all you have to do is look at the last 10 years and see why somebody would want to buy gold and not sell it.

[ahmed fakhry]

The Gold became cheaper against the strengthening of the dollar after the U.S. consumer confidence reached a four -year high in November. The December futures price of gold fell to 1740.50 dollars per ounce on COMEX today.

[lot]

Nice ville gold and silver parties, in Nice ville as well as gold parties in other areas of Florida and all over the nation, are starting to appear more frequently. Although they have been in existence for several years, it is only now that they are becoming more common. The price of ...

[secret alibi]

Bias is bearish for nearest term, break below 1705 area should target 1692 region as the next bearish target.
However oversold stochastic on 4H chart could trigger bullish correction, break above 1723 resistance area should trigger further bullish correction to test 1735 region.

[cadetmaaz]

Gold markets got spooked by various headlines and comments out of various congressional members. However, the market did stop its fall right in the middle of a fairly significant support zone.

That being said, we did close of the very lows of the session, and this is always a very bearish sign. Because of this, we feel that there may be more weakness in this market, but we also believe that there is enough support below at the $1700 level in order to support gold going forward. We never sell gold anyways, is far too bullish over the long term for us to consider it. With all this being said, we are looking for some type of supportive action in order to start buying just below current prices at roughly $1700.

[selamet]

Gloomy situation in Europe and optimism that the Democrats and Republicans can reach an agreement on the U.S. budget boosted the greenbacks safe-haven appeal. As the weak attempts failed to climb above the Ichimoku cloud (the daily chart) earlier this week, the pair tested the 1738 support yesterday and the selling pressure increased after XAU/USD broke below this critical support level. This level was also the bottom line of a wedge formation. I think the reason behind this sell-off was mostly based on technical selling. On the daily time frame, this reaction makes sense. Prices have been bouncing between the first line of the cloud (known as Senkou Span A) and the second line of the cloud (known as Senkou Span B) since October 24.

On the 4 hour time frame, Tenkan-sen line (nine-period moving average, red line) crossed below the Kijun-sen line (twenty six-day moving average, green line) and prices fell below the cloud, indicates that the bears are fighting hard to take over. However, the pair found strong support at the 1705.50 area and bounced back to 1720. This shows XAU/USD is going to be range bound. If the bearish sentiment continues, I believe we will retest 1713. If the bears manage to breach this level, look for 1710.30, 1705.50 and 1692. If XAU/USD turns bullish and start to rise, the bears will be waiting at 1725.50, 1729.49 and 1738.

[ahmed fakhry]

The Gold prices declined by 1.7 %, as the euphoria about the Greece situation was over and investors remembered threat of the "financial cliff” for the U.S. markets. The December futures price of gold fell to 1705.50 dollars per ounce on COMEX today.

[monty007]

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.

[romannil]

Gold technical analysis for 29.11.2012 by using : Auto pivot indicator.

resistance 3:1776.10
resistance 2:1759.30
resistance 1:1739.08

pivot point :1722.40

support 1:1702.30
support 2:1685.50
support 3:1665.40

[ladyheart]

INTRADAY TRADING SIGNAL

XAUUSD M30

Gold is currently moving inside a rising wedge chart pattern on this m30 chart. It's approaching the end now.. and it's more safe to wait for the breakout signal. I'll prefer to wait for price to break through either side of this rising wedge pattern, and follow the breakout signal.

[cadetmaaz]

�Fiscal Cliff� Fears Cause Gold to Slump

The price of gold fell by more than $30 yesterday, to reach a three-week low at $1705.85 an ounce, as fears regarding the US �fiscal cliff� and its potential to send the US back into recession caused investors to shift their funds to safe-haven assets. By the end of European trading, the precious metal saw a slight upward correction and was trading at the $1713 level.

Today, gold traders will want to pay attention to a batch of US data along with any developments in Congressional budget negotiations. Unless positive news is released, analysts are warning that gold prices could continue falling throughout the day.

[cadetmaaz]

Gold Takes Slight Losses amid EU Worries

The price of gold took slight losses throughout European trading yesterday, as concerns regarding the EU economic recovery caused investors to shift their funds to safe-haven assets. The precious metal fell as low as $1742 during afternoon trading, down more than $5 an ounce.

Today, gold traders will want to pay attention to news out of the US. Specifically, negotiations between Congressional leaders regarding the upcoming �fiscal cliff� could lead to volatility in the marketplace. Any indication that a deal is closer to being reached to avoid automatic spending cuts and tax increases could help gold recoup some of yesterday�s losses.

---------- Post added at 06:53 PM ---------- Previous post was at 06:33 PM ----------

December gold closed sharply lower on Wednesday and below the 20-day moving
average crossing at 1722.00 confirming that a short-term top has been posted.
The mid-range close sets the stage for a steady to lower opening when
Thursday's night session begins trading. Stochastics and the RSI are turning
neutral to bearish signaling that sideways to lower prices are possible
near-term. If December extends this week's decline, November's low crossing at
1672.50 is the next downside target. If December renews this month's rally, the
reaction high crossing at 1776.60 is the next upside target. First resistance
is last Friday's high crossing at 1755.00. Second resistance is the reaction
high crossing at 1776.60. First support is today's low crossing at 1705.50.
Second support is November's low crossing at 1672.50.

[ladyheart]

INTRADAY TRADING SIGNAL

XAUUSD D1 (1440 Minutes)

For my long term analysis, I'll use a daily chart. I can clearly see breakout from the lower pennant chart pattern on this daily chart. Based from this breakout signal, price is likely to go further down, at least up to 1690.9x..

[winstead]

Gold fell sharply yesterday. However, the successful test support in 1705 has led to a rebound. Observed resistance in 1724 and 1738. Strong support in 1647 is expected to hold. Gold is in a secular uptrend with strong support at 1523. Observe the strong resistance area between 1791 and 1803.

[secret alibi]

Gold is trying to recover from Tuesday’s steep losses, break above 1735 is needed to bring gold higher testing 1742 area before targeting 1755 region. However, a fall below 1723 area could trigger further bearish pressure back to 1713 area. Only a break below this area which could add some bearish momentum to re-test 1700 region.

[nirob76]

Nice ville gold and silver parties, in Nice ville as well as gold parties in other areas of Florida and all over the nation, are starting to appear more frequently. Although they have been in existence for several years, it is only now that they are becoming more common. The price of ...

[johnny english]

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.

[ladyheart]

INTRADAY TRADING SIGNAL

XAUUSD M15

Gold is currently moving inside a rising wedge chart pattern. Price failed to break through the upper part of this rising wedge and therefore, I am expecting gold to falling down once again, at least to test the lower part of this rising wedge at 1726. 6522. We can expect price to keep on moving inside this rising wedge pattern, until it manages to break through either side, down or up.

[ahmed fakhry]

After the yesterday’s strongest decrease against the background of approaching the “fiscal cliff” issue the price of gold managed to snap back to around to 1728.20 dollars per troy ounce today on COMEX.

[Lily]

Gold after otbilos oblique long-term level of support is continuing to grow, there were several signals to the north of them, and strengthening of 200 moving (4 hour chart) as well as a buy signal and the start of its mining MASD histogram current goal 1740.

[ahmedelsanhoury]

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

[romannil]

Gold technical analysis for 30.11.2012 by using : Auto pivot indicator.

resistance 3:1739.62
resistance 2:1733.67
resistance 1:1729.53

pivot point :1723.57

support 1:1719.43
support 2:1713.47
support 3:1709.33

[winstead]

The entire rise from 1540/50 until 1790 could be a big upswing for gold. The possibility of retracement levels can be 1630.00 which is also strengthened by the support and resistance before. 1700/05 to be at an appropriate level for possible down to happen.

[paid]

Gold will raise upto 1650-1660 levels and then we see some huge fall to retrace the big raise in last few days and then we can target 1700 levels in some couple of months.

[selamet]

Following the break below the rising wedge; the price dipped to touch 1705.00 key support level, before finding some grounds, the metal has also neared to the main ascending trend line for the latest whole bullish wave, which continues to protect the short term bullish trend. Accordingly , we look for an upside rebound this week as we believe the effect of the wedge pattern could stop at the key aforementioned trend line at 1700.00. Otherwise, if we manage to break below the aforementioned support, a push towards the latest swing low at 1670.00 will be likely.

The trading range for this week is expected among the key support at 1695.00 and key resistance now at 1753.00

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.

Support: 1715.00, 1705.00, 1698.00, 1690.00, 1685.00
Resistance: 1722.00, 1730.00, 1735.00, 1738.00, 1745.00

Recommendation Based on the charts and explanations above, we recommend buying gold around 1705.00 targeting 1730.00,1738.00 and 1750.00. Stop loss below 1695.00

[Lily]

Gold is again looking to the south, the price the seller has found the alligator in the area of moving inside the top 2 of the resulting fractal and now goes to the south, my main goal is the support area around 1707 (there was 2 lower capacity fractals).

[waleedb]

ye ek bhot kimti dhat hai or is k kimat b kafi ziada hoti hai aj k hisab say is ki kimat 62300 rupaey ek toly ki thi

[secret alibi]

The bias remains neutral in nearest term. Immediate resistance is seen around 1721, a clear break above that area could trigger further bullish pressure testing 1730-1732 region. On the down side, immediate support is found at 1710 area, a clear break below that area could trigger further bearish correction phase testing 1700 support area.

[Jobs]

yes indeed gold is very good place to start is to go down the breakdown of the level of support in 1705, and in the long term the price can continue to fly down to the marks about 1680 ... because there is a void and the particular obstacles just no ..

[brokersstaragent]

This is our forecast for gold:
http://brokers-star.com/assets/upload/39050bc6c82e320b.gif
http://brokers-star.com/market-analysis/2012/12/03/390,gold-market-forecast.html

[Gold]

Gold fine SMU yesterday sell signal, the price even managed to break through the lower region of fractals (support 1704), after breaking the price went up again to this level that gave an additional signal for another sale, aims to south are free - the next level in 1675.

[ahmed fakhry]

The December futures price of gold traded today in a range of $1713.21-$1722 per troy ounce. The prices tried to grow and were driven by corresponding movement in the stock markets and the growth of the euro.

[ahmed1212]

XAU/USD
BUY
Entry :- 1716.15000
TP1 :- 1716.34251
TP2 :- 1716.53503
SL :- 1715.76501


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

[winstead]

Gold still has not been able to get out of pressure. Movement under 1722 still push gold prices to test support levels. But prices around 1700-1705 could likely provide a strong support to bring back the gold rebound. Movement under 1700, potentially bringing gold to the level of 1670.

[Vamos]

like gold poeoryat gathered bottoms, graphic gaining a steep, if you look hour chart you can see how well-tested price knocked level ... so now the road to open in 1674 ... and I think by the end of the week there mi see price ... .

[secret alibi]

Bias is bearish ini nearest term, immediate support is seen around 1690 area,
a clear break below that area could trigger further bearish targeting 1680 region. Immediate resistence is found around 1708 area, a clear break above that area could trigger further bullish pressure toward 1720 region.

[ahmed fakhry]

The Gold prices fell today and reached the lowest point in the current month. The asset dropped by more than 1% amid uncertainty in the negotiations related to the problem namely "fiscal cliff." The December futures price of gold sunk down on the COMEX to the $1690.70 per troy ounce level, breaking important support of $1700 level.

[Gold]

After yesterday's sharp decline couple has just entered the correctional northern stage, a couple went to the first sliding alligator near which are already noticeable consolidation reversal pattern and the formation of the upper fractal is given one additional signal to sell, the goal is still 1675.

[gusrohman]

hay you!! if you have a trader trick, please share with me yach..

[winstead]

Gold has broken the support in 1705, paving the way for a move towards support at 1673. Resistance to observe reflections are 1709 and 1723. Strong support at 1647 is expected to survive.

[winstead]

Gold is still depressed during movement below the level of resistance and the potential re-test the support level at 1689 and 1684. Level 1672 a strong support area. While the movement in 1700 to reopen the reinforcement to the area in 1722.

[erespe]

Gold now is on bullish trend. It will likely to rise towards 1706.13, and possible to continue to touch 1712.87 level. However, if support at 1684.50 level can be broken, then gold will continue to fall.

[ALLIANZ]

Bias is neutral in nearest term as long as price
not break above 1718 area as MA 200 on
chart H1, a clear break above that area could
trigger further bullish testing 1727 region.
Immediate support is seen around 1705, a
clear break below that area could trigger
further bearish toward 1700 as key support
area.

Resistance Level : 1718, 1727, 1740
Support Level : 1705, 1700, 1690
Trading Range : 1718 – 1705
Trend : Neutral

[fanikakkoo]

(1) ___ Buy Gold if break 1715 ___
___ SL i dont know ___
___ TP 1770-1800 ____

[ahmed fakhry]

The price of December gold futures jumped above 1700 per troy ounce on COMEX. The investors' appetite for physical gold and physical securities investment products remains high, while in one of the largest gold ETF SPDR Gold Trust, it remains at a record level.

[winstead]

Gold has broken the support in 1705, paving the way for a move towards support at 1673. Watch the short horizontal span between 1685 and 1709. Strong support is at 1647.

[samsiah]

Gold still make a move mix after reaching price of high in 1703.85 which still represent area of resistance and in this time get down to to nadir at price 1695.15.
If economic data of Good ace hence gold have potency to go to support closest that is 1685.00 or even penetrate to go to next support exist in price area 1675.00 - 1670.00.

greeting of profit from me.........

[Jobs]

very interesting level of resistance for gold in 1707 that will focus on a lot of money as the price of his chustvoval as one way to the other side ... so I think should be very carefully subsequent how to behave in the price of these marks ... buy or sell .. .?

[fanikakkoo]

Today performance
Gold 45 pips ]

[erespe]

GOLD today's possibility to continue up. I think gold can go up to 1711.20 and may extend to 1718.35. Breaking the 1684.10 level will bring gold to bearish zone.

[ALLIANZ]

Bias is bullish in nearest term, especially if price not break or daily close below MA 100 on chart H1 at 1700 area, a clear break below that area could cancel outlook bullish testing 1690 region. Immediate resistance is seen around 1708 area, a clear break above that area cloud trigger further bullish toward 1720 area.

[Firozmahmud]

Amassing large amounts of gold in the online game, World of Warcraft, is a key part of succeeding and becoming more powerful as a character in this environment. The problem many players face is just how to acquire all that lovely gold in a relatively short time.

[forexking2]

the nice bulls pinbar was formed here. With simple say . make search again for buy OP with use SL bellow that 1684.80 . better action for trade now here.

[Gold]

/////Gold seems to start a new medium northern wave chart has formed several signals to the north, in the first course overcame strong resistance zone around 1700 -1708, also on the 4 hour chart pair broke through the sliding alligator which in turn has made ​​the northern turn, the target for 1720 today./////

[fanikakkoo]

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 nahi aayega..
So for gold i would recommend you guys to wait and watch>

[midle]

the bullish sentiment underlying the precious metal continues to firmly purpose towards higher costs, and of course the bullion might set recent record-highs within the days ahead as we�re possible to firmly hear central bankers across the globe forged a dour outlook for future growth.

[ishvara]

the bullish sentiment underlying the precious metal continues to firmly purpose towards higher costs, and of course the bullion might set recent record-highs within the days ahead as we’re possible to firmly hear central bankers across the globe forged a dour outlook for future growth.

The gold commodity is a commodity that we all know would continue to be bullish in the next 50 years. This means that we should all try our very best to succeed in forex trading through investments that we could make in gold.

[winstead]

Gold has managed to hold above the previous low in 1685, creating a short-term base. Observe testing resistance at 1709. Resistance can be found in 1723 and 1732. Gold is in a secular uptrend with strong support at 1523. Monitor the strong resistance area between 1791 and 1803.

[erespe]

BEarish reversal appeared yesterday and today it was confirmed by LWMA cross, so gold will likely fall towards 1704.10 and may continue to 1696.00. However goled will be back in bullish if it can break 1716.90 level.

[ALLIANZ]

Bias is bullish in nearest term as long as price not breach below 1710 as MA 200 on chart H1,
Immediate resistance is found at 1718 area and subsequently in 1732 region.
Immediate support is seen at 1703 area, break below that area could trigger further bearish toward 1690 area.

[Gold]

For gold is the time to shop, the price of its correctional wave found a buyer in a green slip (support 1707) which is about the consolidation, stochastics also bent to the north, also on the hourly chart formation was 2 lower fractals (south go no price wants).

[usmanraza]

gold is sa good pair ma na gold ma trade ki ha 4 bar aur muje gold ma acha profat mila ha ma bohat
happy ho gold ki market kafi taze rahi i like gold pair.

[ahmed fakhry]

The Gold was up today because the market participants expected positive results of the Federal Reserve meeting this week in terms of continuation of the soft policy. The February futures price rose to 1717.80 dollars per ounce on COMEX today.

[Boran7]

Of gold can be seen on the daily chart the upward channel, a few days ago there was a rebound from the bottom of the channel and now the price is beginning to form a new wave of northern, while sales can forget about, capacity above 1700 figures gave more additional signals to the north, waiting for my entry point purchase.

[winstead]

Gold which increased to 1717.20 now must be corrected. Finally, a newly formed downtrend line and block the increase. Trend line is now located at 1712.93. If the trend line continues to put a halt to rising intraday, then gold prices could decline further to 1703.00 support area.

[ALLIANZ]

Bias is neutral in nearest term as market still wait FOMC decisions, immediate resistance is seen at 1715 area,
a clear break above that area could trigger further bullish targeting 1728 area.
Immediate support is found at 1695 area, a clear break below that area should trigger further bearish aiming 1685 region.

[ahmed fakhry]

The Gold prices fell but were able to recover back on speculations of the result of tomorrow’s meeting of U.S. Federal Reserve. The February futures price of gold closed at 1709.00 dollars per ounce today.

[Gold]

Still keep buying the gold, the price went up to the strong resistance zone (zone upper fractals 1715), about the price of it to a halt, waiting for the breakthrough of this level (which will give another run to buy) and open the way to around 1730, in the direction of growth says and three signal lines alligator on 4 hour chart.

[winstead]

Gold has traded above the 1705-1709 transition area where it gives the signal to start buying. Gold opportunity towards strengthening the range of 1721 to target short-term and long-term 1736. If gold is able to break 1700 low it will go back 1683 price range.

[zohaibmalik]

Movement stopped only to buy, and wait for some good target entry level if $ 1510, we see a rapid increase.

[naqash]

My dear friends , I think the Gold is best trade in these days running market . any one who want a good profit he can trade in Gold , low chances to lose and great opportunities to earning ,
Just take a look on past trading you will find the large trades of gold by reputed members .

[erespe]

Gold slipped to the second support at 1697.73 level. It may continue to touch 1688.57, beware of correction before it continues to fall. The H1 time frame now look bearish.

[ALLIANZ]

Bias bullish for gold as long as price not breach below 1707 region as MA 100 on chart H1,
a clear break below that area could trigger further bearish momentum toward 1700 area.
On the upside, immediate resistance is seen at 1724 region, a clear break above that area could trigger further bullish pressure targeting 1735 area.

[niknik]

http://i50.tinypic.com/2nt62w.png

“Viewed in light of the 3 wave advance from 1672.50, the trend is lower.” Friday’s JS Spike right at mentioned support (1685) will probably propel gold to at least the 61.8% retracement of the decline from the 11/12 high at 1727. There is trendline resistance to keep an eye on as well.

Commodity Trading Strategy: Previous comments were “look to short strength from 1727 to 1738 with a 1754 stop.” After today’s spike and reversal, gold might not reach 1727. Wait for at least a day for the near term pattern to clear up before jumping into something at a less than ideal level.

LEVELS: 1673 1683 1704 1727 1738 1754

[ahmed fakhry]

The February futures price of gold rose to 1723.20 dollars per ounce when the Fed announced its decision. However, the asset was not able to move further and corrected to $1711 per troy ounce on COMEX today.

[jawaid123]

Many "Patriots" who own gold and silver must be frustrated these days. The metals are stuck in a narrow trading range and mining stocks are hitting new 52-week lows. Despite gold being only 10% from its all-time high, the multiples on gold stocks are contracting. It's a Chinese water torture.

I am not a financial adviser but I think mining stocks are a harbinger of a major sell-off in the metals in May or June. The catalyst will be the overthrow of the "austerity" program in Europe, new stimulus there and new doubts about the survival of the Euro. While austerity is bad, it will drive investors to seek refuge in the USD, resulting in a decline in the Euro and commodities, including precious metals.