Gold

Support and resistance today

R3: 1232.91
R2: 1230.23
R1: 1229.98
Pp: 1228.40
S1: 1227.97
S2: 1226.51
S3: 1224.09
Buy from: 1228.47
target1: 1229.92
Stop loss: 1226.96

Good luck for all

Today 16/12/2013
Resistance and Support
R3: 1232.34
R2: 1230.54
R1: 1229.23
Pivots: 1228.50
S1: 1229.45
S2: 1227.56
S3: 1226.09

http://s30.postimg.org/a2vooj7gh/screenshot_260.png

Gold will show the movement slightly higher on Friday, correcting some of its earlier losses, but the price is still in a bearish trend, below the key resistance area between 1244.32 to 1250.32, therefore, our view remains bearish for this week.
Short gold Recommendations under 1242.60, 1229.36 and 1220.12 targeting the stop-loss above 1256.40.

fibo lines today 16-DEC 2013



fibo 100% = 1210.47 & fibo 61% = 1218.76

fibo 50% = 1221.31 & fibo 38% = 1223.87

fibo 23% = 1227.04

target buy to 1253.83

target sell to 1209.21

http://www11.0zz0.com/2013/12/16/11/477831224.png

date :16 december 2013

pair : gold

the pair in down trend

indicators down : 6
indicators up : 2

ao :-24.177

ac :8.453

bears(13):-12.98


good luck

today i like to sell gold @ 1234.30
my stop loss of the day @ 1237.00
half take profit for today @ 1226.00
and further half take profit @ 1222.00

pair- gold
chart analysis time frame- m30

http://i39.tinypic.com/o55i4j.jpg

analysis-
the price is having strong support at the 1222.55 level and a good setup of the resistance trend line. the price is now again moving down side without hitting the resistance trend line. if this is able to break this support then it will falling and move to the 1200.00 level. short this with the stop loss at 1245.00
good luck

the trend is still up

if indicates the trend is still trade above from :1234.74
Recommendation: BUY
Take profit1: 1236.20
take profit2:1238.32
Stop Loss : 1233.05

price now: 1248.1100
sell price @ 1288.08
profit in pips :3997
stop loss :1252.53
Resistance 1: 1241.34
Resistance 2: 1243.46
support 1: 1223.26
support 2: 1221.12

date : 16/12/2013
frame : h1
i add my order sell at: 1246.33

take profit today : 1244.20
sl today is :1248.60
good luck