Gold

gold is the most expensive thing .that control our currency

http://charts.mql5.com/1/298/gold-d1...orex-group.png



hi

how are you

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 1626.60

stochastic refers that the pair will go up

so our target buy from 1586.69 and our target will 4005pips

Good luck

i would really advise those who are trading in the forex market to mAKE sure that they are only trading gold if only that commodity is set or is moving slowlly to a certain direction that is how i see best to trade gold.

Gold trend is possitive i amn tryint to buy @ 1575.10 to 1580.10 range
my stop loss @ 1555.10
take profit @ 1585.10 and 1590.35

GOLD (Spot) intraday: further advance.

Pivot: 1576.00
Our preference: LONG positions above 1576 with targets @ 1591 & 1603.
Alternative scenario: The downside penetration of 1576 will call for a slide towards 1567 & 1560.
Comment: gold prices are supported by a rising trend line. In addition, the 50 moving average is heading up. Hence, the upside prevails as long as 1576 is support.

now dominate gold buyer. ranging from weekly buyer, buyer daily. greatest probability is buy. but the seller still dominate the market monthly. safe buy if the price moves through the buyer-seller balance monthly. use your favorite strategies and only take buy signals. areas that may be the goal price is 1591.04 and 1595.25.

As you see in my following attached chart, Gold price managed to surpass 1578.00 and settled above it, activating the positive scenario which targets 1605.00 and extends towards 1625.00
EMA50 supports the waited rising, which remains valid and active unless 1578.00 was broken and settled below it.

Now in gold can get a great deal on the purchase price came close to the lower limit of the upward channel medium-term, given the strong decline in the last few hours, I expect that the bears will start to take profits and the bulls will take the lead, MASD is in its lower area, and formed a divergence (daily chart), profit for 1583 + - (mid-channel).

Gold analysis for 04.10.2013 by using pivot indicator.

r3: 1613.18
r2: 1601.60
r1: 1593.22

pivot: 1581.64

s1: 1573.26
s2: 1561.68
s3: 1553.30

elliott flat correction up 1594 .68 currently up trend should end around 1587 - 1593 area acorrection down to below 1573 is wxpected arise above 1602 will abort the expected correction
support and resistances
re2 1602
res1 1593
pivot 1582
sup1 1573
sup2 1562