Gold

Gold analysis for 04.19.2013 by using pivot indicator.

r3: 1481.67
r2: 1441.71
r1: 1415.87

pivot: 1375.91

s1: 1350.07
s2: 1310.11
s3: 1284.27

In my view after lossing 200 Piont gold is now in recover mood its time to buy gold. i think 1380 is very good lavel for gold buying.

GOLD (Spot) intraday: the downside prevails.

Pivot: 1403.00
Our preference: SHORT positions below 1403 with targets @ 1363 & 1335.
Alternative scenario: The upside breakout of 1403 will open the way to 1444 & 1473.3.
Comment: as long as 1403 is resistance, look for choppy price action with a bearish bias.

Gold pivot levels for today by using : fibonacci pivot indicator.

r3: 1441.28
r2: 1416.37
r1: 1400.99

pivot : 1376.09

s1: 1351.18
s2: 1335.80
s3: 1310.90

i am waiting for dip so than i like to buy @ 1400.80 to 1405.70 range
my stop loss of the day @ 1391.10
half take profit @ 1415.10
and half @ 1421.10

its looking very hard to break 1550 to down wards , my experience says now its very difficult , and also if it get breaked upward than i hink that it will be rare to down trend in next few days , so i would suggest u to just be calm and just look the trend for some time

Gold . gold ayk buhat hi achy dhat pai jaty hy pakistan min and all dunia min ye buhat hi butiful ches hy aj kal pakistan min es ka raet kafi daow ho raha hy mery shadi hony wali hy min bi ye dekh raha hon k ye our kam ho tw ly lon .

Gold has managed to overcome the medium-term horizontal resistance level of 1,400 strong figure which opened in 1435, 1460, after a break of Education took the pulse of growth, now the price is in a sideways consolidation, consider buying at levels closer to the tilt, or when re-tested in 1400 figures.

http://charts.mql5.com/1/370/gold-h1...orex-group.png


we can see in the 1h chart

the pair trading down the 38.2

I see the pair will go to down way to 1386.27

stochastic refers that the pair will go down

so our target sell from 1406.73 and our target will 2009pips

Good luck

The gold was traded between a high of 1402 and a low of 1337, closed at 1390. Today the metal trades above the support line of 1398.
Upside Scenario: If the support line of 1398 sustains, a rise could be seen to the levels of 1425, and 1440.
Downside Scenario: A decline could be seen to the levels of 1383, then 1365 if the metal breaks below the support line of 1398.