Gold

Attachment 10060
TECHNICAL ANALYSIS
GOLD

TIME FRAME H1
Exponential MA "18" : BULLISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH

TREND: BULLISH

GOLD Technical Analysis

Prices turned higher as expected after putting in a Harami candlestick pattern. A break above resistance at 1224.39, the 23.6% Fibonacci retracement, has exposed the 38.2% level at 1250.63. A further push beyond that aims for the 50% Fibo at 1271.84. The 1224.39 mark has been recast as near-term support.

analysis for today 1 / 7 / 2014

GOLD

Resistance : R1 1246.04 R2 1255.49 R3 1274.24 R4 1311.74
Support : S1 1234.16 S2 1224.71 S3 1205.96 S4 1168.46

Open : 1237.53
High : 1243.46
Low : 1236.74
Range : 672 Pips
Running Price : 1241.15

Strategy : BUY at the level 1241.15 stop loss at the level 1234.16 target take profit at the level 1274.24 or at the level 1311.74

Attachment 10089
TECHNICAL ANALYSIS
GOLD

TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BULLISH
Exponential MA "50" : BULLISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH

TREND: BULLISH

pair- gold
chart analysis time frame- m15

http://i44.tinypic.com/2aj5i86.jpg

the gold price is making double top chart pattern and its not able to move up side with breaking the resistance at the 1245.75 level. it is rejected and moving down side. but hold at the support 1236.00 level. if the price is break the support then it will falling to the 1224.00 short with the stop loss at 1247.00
good luck

GOLD
analysis for today 1 / 7 / 2014


Resistance 3 1311,54
Resistance 2 1274,04
Resistance 1 1255,29
Pivot Point 1237,53
Support 1 1224,91
Support 2 1206,16
Support 3 1167,26

BUY STOP 1255,29 STOP LOSS 1224,91 TAKE PROFIT 1274,04 OR 1311,54
SELL STOP 1224,91 STOP LOSS 1255,29 TAKE PROFIT 1206,16 OR 1167,26

gold is struggling right now with no clear direction of movement but we can see that it is just trying to consolidate very well so that it can continue slowly the up trend that it has started few days back because it looks like it has come to its end of fallen which it started early last year in 2013.

Attachment 10133
TECHNICAL ANALYSIS
GOLD

TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH

TREND: BEARISH

analysis for today 1 / 8 / 2014

GOLD

Resistance : R1 1235.97 R2 1245.42 R3 1264.17 R4 1301.67
Support : S1 1222.79 S2 1213.34 S3 1194.59 S4 1157.09

Open : 1231.31
High : 1232.09
Low : 1226.67
Range : 542 Pips
Running Price : 1228.15


Strategy : SELL at the level 1228.15 stop loss at the level 1235.97 target take profit at the level 1194.59 or at the level 1157.09

pair- gold
chart analysis time frame- m15

http://i40.tinypic.com/2qnm9aq.jpg

the price is moving down but hold at the 1225.25 level and making up movement but with some correction it is again trun down side from the 1232.10 level. it is again falling but if the price break 1225.20 level then short with the take profit at 1200.00 and stop loss at the 1235.00
good luck