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http://charts.mql5.com/2/329/xauusdr...rectdealer.png
in chart
the pair close down the up trend
i see the pair will down up to 1.3330
good luck
---------- Post added at 09:57 PM ---------- Previous post was at 09:45 PM ----------
http://www13.0zz0.com/2013/08/21/21/169861994.png
in 1h chart
the pair cant close down the up trend
i see the pair will go up to 1377
good luck
Gold analysis for 08.22.2013 by using pivot indicator.
r3: 1396.23
r2: 1387.49
r1: 1376.84
pivot: 1368.10
s1: 1357.45
s2: 1348.71
s3: 1338.06
http://charts.mql5.com/2/329/gold-h4...orex-group.png
we can see in the 4h chart
the pair trading down the 50.0
I see the pair will go to down way to 1327.04
stochastic refers that the pair will go down
so our target sell from 1361.35 and our target will 3431pips
Good luck
LD, a few days ago LSMA weekly in conditions of strong trending down. but on opening morning market price moves up. but this does not make a change in direction LSMA weekly. Daily LSMA also been changed so many times that is up and down. and the price is still moving sideways look. because of the reference to the weekly LSMA still pointing down, then the transaction is secure when the sell. cut loss if the price of playing in the LSMA daily. and cut around the area daily low profit.
Gold fluctuated in a sideways movement, fails again to settle above 1373.00 resistance level, however maintains the overall bullish wave above the ascending support shown on the four-hour chart above, and most importantly above 1352.00-1346.00 key support area. As long as this support is holding, we will continue to favor the bullish scenario. A break below 1346.00 will open the door for a deeper downside move towards the main ascending trend line near 1320.00.
Support 1357.00 1352.00 1345.00 1333.00 1325.00
Resistance 1373.00 1390.00 1400.00 1412.00 1420.00
Recommendation
Long gold above 1353.00, targets at 1370.00,1383.00 and 1400.00. Invalidation hourly closing below 1340.00
today i like to sell gold @ 1379.10
my stop loss of the day @ 1382.10
half take profit for today @ 1371.60
and further half take profit @ 1363.90
Hi,,
in the chart 4h we can see the pair will go to down way in the future
I see the pair will go to 1334.02
I expect from this analyze that the price will go to down way
so sell from 1368.20 to 1334.02
good luck
Gold price already touched daily pivot point (1368.36). Now the pair price try to move down ward. I think the price may touch Fibo 23.6 level.
http://i1311.photobucket.com/albums/...ps371495f0.jpg
gold technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 22.08.13
timeframe : 1 hour
time : 1500
market trend : ranging
adx wilder(14) level
style : 16.01
+di : 25.46
-di : 14.44
adx(14) level
adx : 25.21
+di : 23.63
-di : 11.07
As you see in my following chart, the price of the gold traded between a high of 1379 and a low of 1360, closed at 1366. Today the metal trades below the resistance line of 1385.
Downside Scenario: As long as the Gold remains below the resistance line of 1385, a decline is likely to be seen into the levels of 1348, then 1336.
Upside Scenario: If the metal penetrates above the resistance line of 1385, this could send the metal to the levels of 1397, then 1410.
http://1.bp.blogspot.com/-F9dY0dT-iy...s1600/gold.jpg
Spoiler: