Gold

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 1427.18
so our target sell from 1430.18 and our target will 300pips
Good luck


http://charts.mql5.com/1/542/gold-h4...orex-group.png
@>-:woo:

Gold pivot levels by using fibonacci pivot indicator.

r3: 1458.19
r2: 1449.82
r1: 1443.82

pivot : 1434.95

s1: 1426.07
s2: 1420.58
s3: 1411.71

gold technical analysis on 14.05.13 by using : average directional movement index

adx : 33.3982
+di : 28.6581
-di : 10.4053

timeframe : 1 hour
time : 0800

Gold has a very strong indication to cross the roof of 1465.00 it has already make a trend of sell and moving averages are intersecting each other on H1 giving buy trend check it out with 10 25 50 volume

gold today at bay market 1422 and stop 1415 and limit 1442 and sell at market 1455 and stop 1458 and limit 1427

GOLD (Spot) intraday: key ST resistance at 1444

Pivot: 1444.00
Our preference: SHORT positions below 1444 with targets @ 1419 & 1404.
Alternative scenario: The upside breakout of 1444 will open the way to 1449 & 1462.
Comment: the bearish triangle calls for an extension of the recent downward track.

I think that in medium term will Gold will be traded in range 1380 - 1480, thanks to really good NFP numbers from USA. On another hand, from my longterm view i think that Gold will allways go up, so if there is discount price, thats wonderful for buying it!

Rally in the yellow metal is restricted in 1438 (intraday high), before experiencing stripping hike today, that drags prices back to 1438 levels - indeed at the current price of gold was at $ 1,438.24 USD per oz. during the European trading session. This movement comes with pullback yesterday, where gold had ended the trading session lower yesterday below the support level of 1440.00. Held below 1440.00 indicates further downside pressure in the coming sessions, for possible retesting record lows. Overall, the last with daily closing below 1478.00 maintain a valid bearish continuation scenario.

we can see in the 1h chart the pair will go up to fibo 38.2 I see the pair will go to up way to 1442.20 stochastic refers that the pair will go up so our target buy from 1.436.31 and our target will 650pips


http://charts.mql5.com/1/548/gold-h1...ex-group-2.png

my plan is sell gold @ 1440.100
my stop loss of the day @ 153.100
my half take profit @ 1430.80
and half @ 1415.100