Gold

I just want to share my opinion about the price of gold that never goes down. This time the modern living reach every country, and they all will used technology in their live. Computer and Phonecell and other electronic stuff need gold inside, more production of it, it is need more gold as conductor, so the price of gold will always going up years by years.

Silver will increase up to 1651-1661 stages and then we see some large drop to go back over the Big increase in last few days and then we can focus on 1700 stages in some few several weeks.

H4 candlestick forms when the market will remain bearish on gold pair and under the support seems to be channeling down, at least come to the channel line below. bottom channel line exactly once to the point if we put 61.8% Fibonacci at high and low.

http://i50.tinypic.com/2ups6xg.gif

With the discovery of gold on the American session, there was a break lower boundary (support 1593) converging triangle, breakthrough came on impulse and with the release of volume (rendered bulls), it opened the way to the area of ​​the support area of 1564, is now worth a good point to look for sales, should play on the height of the triangle.

http://charts.mql5.com/1/250/gold-h4...orex-group.png



we can see in the 4h chart

the pair can not close up the broken down trend line

I see the pair will go to down way to 1.4559

stochastic refers that the pair will go down

so our target sell from 1581.34 and our target will 100pips

Good luck

GOLD (Spot) intraday: the bias remains bullish.

Pivot: 1590.00
Our preference: LONG positions above 1590 with 1608 & 1617 as next targets.
Alternative scenario: The downside breakout of 1590 will open the way to 1576 & 1561.
Comment: a support base at 1590 has formed and has allowed for a temporary stabilisation.

In the H1 time frame the price is break the daily support at 1589.00 at the time stoch and cci are also moving in the oversold area. it is also break the support at the 1580.50 the price is also holded at the 1578.80 and try to move up side. we can long this with the target at 1590.00

http://charts.mql5.com/1/252/gold-h1...orex-group.png


we can see in the 1h chart

the pair will go up to fibo 23.6

I see the pair will go to up way to 1581.81

stochastic refers that the pair will go up

so our target buy from 1575.83 and our target will 610pips

Good luck
:good::accute::)))@>-:girl::respect:

http://charts.mql5.com/1/253/gold-d1...ex-group-2.png


we can see in the 1d chart

the pair will go to down way to the down trend line

i see the pair will go to down way to 1565.50

stochastic refers that the pair will go down

so our target sell from 1568.50 and our target will 300ips

Good luck

http://charts.mql5.com/1/255/gold-h1...orex-group.png



hi

how are you

we can see in the 1h chart

the pair will go up to fibo 23.6

I see the pair will go to up way to 1573.83

stochastic refers that the pair will go up

so our target buy from 1566.50 and our target will 699pips

Good luck