Gold

For gold now can form a great position to sell as it has come back to the medium horizontal resistance level 1596, from this mark several times observed southern retreat, now noticeable consolidation and full stop (stop and upheaval for purchase-above 1600 figures), the first goal-support 1588, 1580.

http://charts.mql5.com/1/157/gold-h1...orex-group.png



hi

how are you

we can see in the 1h chart

the pair can not close up the broken down trend line

I see the pair will go to down way to 1590.60

stochastic refers that the pair will go down

so our target sell from 1591.60 and our target will 100pips

Good luck

Gold is today, low 1753.1, near close, this is the negative end. We can see a decrease, but sold and just breathing Bull will sooner or later, we need long term can not lead a new record, go ahead.

Gold, and so the long-term trend is in the fall ... and that after a certain calm to metal is drawn is such a double top, a little lower than 1600 .. it can be a very good price for that to play in short, the more the Stochastic has already gone down, expect and price reduction.:accute:

http://charts.mql5.com/1/164/gold-d1...orex-group.png


we can see in the 1d chart

the pair will go up to fibo 38.2

I see the pair will go to up way to 1630.54

stochastic refers that the pair will go up

so our target buy from 1603.20 and our target will 2765pips

Good luck

Gold has touched the resistance level at 1605.32. Then, if Gold can rise and break that resistance level, I think Gold will be able to continue going up. If that happen, the next target of Gold will be at around 1615.61 as the next resistance level of Gold.

Gold technical analysis by using moving averages.

date : 03.18.2013

time : 0700 GMT

time frame : 1 hour.

sma200 : 1584.85 signal- buy.
sma100 : 1590.65 signal- buy.

gold pair seems to have formed a triangle pattern and have a break, only to get up again she had to pierce resistant above as shown below. unfortunately a lot of resistant forms in this pair, so we must becareful to trade gold.
http://i48.tinypic.com/mc7jbn.png

Gold analysis for 03.18.2013 by using pivot indicator.

r3: 1612.60
r2: 1602.80
r1: 1596.20

pivot: 1586.40

s1: 1579.80
s2: 1570.00
s3: 1563.40

in the H1 time frame the price is rejected from the resistance at 1606.45 this will be acting as resistance but now stoch is over sold so may be it will gain move lower side. it break the strong resistance at 1596.10 so it up movement is expected to the 1650.00