Gold

Gold yahan sa aur nachy ja skta ha bewars buyers of gold and i think seller are now ready for making some parties on late night because we see a huge spike on gold is ka matalb ha k gold 200 sa 300 pips aj aur nachy ja skta ha aur agar aur do gante k bad barnake n b bolna ha .

i think k gold ka up trend dobara a geya ha is liye ab gold uper hi jaye ga lekin uper jane sa phle is ko apni resistances to torna ho ga aur agar is na woh lines ko tor diya to i think k ya bht uper jaye ga aur fr dobara apna new high bnanae ma kamyab ho jaye ga.

Gold once again failed to make a good up trend I think gold is ready to go down again if now gold broke his main support than I think we may see the gold makes a new low of the week and will continue making these low in future time also.

gold nay aaj bohat slow movement dikhai hai .laikin abi 10 hour baqi hai day khatm honay main or gold ka overall trend buying ka hai.
mujy umeed hai k ye kuch dair baad taizi say oper jay ga.
so main to buy ki entry lagana chahta hn
thanks

http://speedcap.net/img/3bda6ccaed13...4/ccb7d586.png
we can notice from the chart that the pair has closed it's hourly candle under the strong resistance. which give us the bearish momentum and stochastic also gives the support to short position.


our targeted take profit pips willl be -500
our targeted stop loss pips willl be-900

http://speedcap.net/img/4cd707210b29...1/6473b83b.png
according to the stochastic we can see hat it is in overwrought zone. which indicates fall of price just around the corner.also in this hourly chart price is approchig towards upside very slowly.

our targeted take profit pips willl be -500
our targeted stop loss pips willl be-1000

http://speedcap.net/img/0220bb0169ba...a/fa02d64b.png

bear power indicator is weaker than the bulls power indicator which means we will go with bar power indicator and take long position for gold.
our targeted take profit pips willl be -250
our targeted stop loss pips willl be-200

In H4 chart, the Stochastic is at overbought area. In my opinion, the price will be down in today trading.
http://i43.tinypic.com/k9b2r.jpg

http://speedcap.net/img/feffa94ddcb2...7/0fd5247c.png
according to the price level of this pair I think we can see bearish movement from this pair. bcz tdi trend signal pointing down side arrow for this commodity gold.


our targeted take profit pips willl be -300
our targeted stop loss pips willl be-500

If the price brokes the level of 1665 it will the strong signal of reversal and if it bounce backs from 1665 it will fall up to 1638 the strongest support if it breaks the support of 1638 it will move downward up to 1625 and 1596.