Gold

http://prntscr.com/41jxau
analysis for today 7 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 10 / 2014
OPEN 1327.54
HIGH 1344.56
LOW 1325.24
CLOSED 1335.47

The third resistance (R3) 1344.56 - ( 1335.09 - 1325.24 = 9.85 x 2 = 19.70 )= 1364.26
The second Resistance (R2) 1335.09 + 1344.56 - 1325.24 = 1354.41
First resistance (R1) 1335.09 x 2 = 2670.18 - 1325.24 = 1344.94
pivot points 1344.56 + 1325.24 + 1335.47 = 4005.27 / 3 = 1335.09
Support for the first (S1) 1335.09 x 2 = 2670.18 - 1344.56 = 1325.62
Support second (S2) 1335.09 - ( 1344.56 - 1325.24 = 19.32 ) = 1315.77
Third Support (S3) 1325.24 - ( 1344.56 - 1335.09 = 9.47 x 2 = 18.94 )= 1306.30

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http://prntscr.com/41mxrk
analysis for today 7 / 11 / 2014
GOLD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1337.18
Retracement (50%) 1334.90
retracement (61,8%) 1332.62

Extensions (61.8%) 1356.50
Extensions (100.0%) 1363.88
Extensions (138.2%) 1371.26
Extensions (161.8%) 1375.82
calculation based on a Fibonacci retracement then today I choose buy

http://prntscr.com/42hosi
analysis for today 7 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 11 / 2014
OPEN 1335.47
HIGH 1338.98
LOW 1333.59
CLOSED 1338.46

The third resistance (R3) 1338.98 - ( 1337.01 - 1333.59 = 3.42 x 2 = 6.84 )= 1345.82
The second Resistance (R2) 1337.01 + 1338.98 - 1333.59 = 1342.40
First resistance (R1) 1337.01 x 2 = 2674.02 - 1333.59 = 1340.43
pivot points 1338.98 + 1333.59 + 1338.46 = 4011.03 / 3 = 1337.01
Support for the first (S1) 1337.01 x 2 = 2674.02 - 1338.98 = 1335.04
Support second (S2) 1337.01 - ( 1338.98 - 1333.59 = 5.39 ) = 1331.62
Third Support (S3) 1333.59 - ( 1338.98 - 1337.01 = 1.97 x 2 = 3.94 )= 1329.65

http://prntscr.com/42l61b
analysis for today 7 / 14 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1335.65
Retracement (50%) 1336.29
retracement (61,8%) 1336.92

Extensions (61.8%) 1330.26
Extensions (100.0%) 1328.20
Extensions (138.2%) 1326.14
Extensions (161.8%) 1324.87
calculation based on a Fibonacci retracement then today I choose sell

http://prntscr.com/42s5gt
analysis for today 7 / 15 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 14 / 2014
OPEN 1338.46
HIGH 1339.43
LOW 1303.10
CLOSED 1306.84

The third resistance (R3) 1339.43 - ( 1316.46 - 1303.10 = 13.36 x 2 = 26.71 )= 1366.14
The second Resistance (R2) 1316.46 + 1339.43 - 1303.10 = 1352.79
First resistance (R1) 1316.46 x 2 = 2632.91 - 1303.10 = 1329.81
pivot points 1339.43 + 1303.10 + 1306.84 = 3949.37 / 3 = 1316.46
Support for the first (S1) 1316.46 x 2 = 2632.91 - 1339.43 = 1293.48
Support second (S2) 1316.46 - ( 1339.43 - 1303.10 = 36.33 ) = 1280.13
Third Support (S3) 1303.10 - ( 1339.43 - 1316.46 = 22.97 x 2 = 45.95 )= 1257.15

Trading Signal - 15/07/2014 - 10:00 GMT +3
Instrument: GOLD
60min CHART
Downwards Strong
Waiting for a retracement higher towards the 1315 resistance level in order to reinstate SHORT positions.
The market is testing support at 1300. We are waiting to see reversal signals in order to reinstate LONG positions.
Next important support the 1280 level.
Support & Resistances
1303 1315
1300 1315
1290 1325
1280 1345
http://dl.dropbox.com/u/51561036/scr...716-021035.jpg

http://prntscr.com/434w0d
analysis for today 7 / 16 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 7 / 15 / 2014
OPEN 1306.84
HIGH 1313.56
LOW 1292.01
CLOSED 1293.72

The third resistance (R3) 1313.56 - ( 1299.76 - 1292.01 = 7.75 x 2 = 15.51 )= 1329.07
The second Resistance (R2) 1299.76 + 1313.56 - 1292.01 = 1321.31
First resistance (R1) 1299.76 x 2 = 2599.53 - 1292.01 = 1307.52
pivot points 1313.56 + 1292.01 + 1293.72 = 3899.29 / 3 = 1299.76
Support for the first (S1) 1299.76 x 2 = 2599.53 - 1313.56 = 1285.97
Support second (S2) 1299.76 - ( 1313.56 - 1292.01 = 21.55 ) = 1278.21
Third Support (S3) 1292.01 - ( 1313.56 - 1299.76 = 13.80 x 2 = 27.59 )= 1264.42

http://prntscr.com/439wx2
analysis for today 7 / 16 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1300.24
Retracement (50%) 1302.79
retracement (61,8%) 1305.33

Extensions (61.8%) 1278.69
Extensions (100.0%) 1270.46
Extensions (138.2%) 1262.23
Extensions (161.8%) 1257.14
calculation based on a Fibonacci retracement then today I choose sell

Gold prices have been down, but seems there is enough support at this level, it might be a good buying opportunity then.