Gold

the XAUUSD pair is now moving at a bearish trend which can be recognized by the down red arrow above the price and at the same time you can monitor the sell cross between the snake and T3_clean on the 1H chart Now to define the levels which may affect the direction you can use the support level at 1231 as a good area to claim the profits or keep selling if the price breaks it down while on the other hand the level 1240.75 could be used as a resistance which the stop loss level can be set Finally selling can be the right decision for now until an opposite buy cross occurs on the indicators or a blue up arrow is shown http://bigimage.cz/photos/20010101978322713145458.gif .

there are Bearish channel drawn on the XAUUSD hour chart as you can see at the picture and also you can mention the yellow color of the moving average which mean that the price is heading up for the current period.
The market opened today at a Lower values than the daily pivot point at 1236.7767 and according to the data shown it seems that the price may keep going up till it can reach the first daily pivot resistance located at the price of 1239.525 if the WPR indicator didn't show any opposite downward signals.
And in case of reaching the target you can keep buying till the next resistance at 1242.2734 which is a very strong resistance level to reach before the end of the day.
http://bigimage.cz/photos/20010101978324780909889.gif

Daily forecast: GOLD 20 Oct. 2014.

Technical analysis for Daily forecast of GOLD 20 October, 2014. In Daily chart GOLD is flat. At present GOLD on the pivot point. It is important to break support or resistance levels to identify the trend.

Pivot: 1237.06

Resistance levels

R1 1242.60
R2 1247.08
R3 1252.62
R4 1258.15

Support levels

S1 1232.58
S2 1227.04
S3 1222.56
S4 1218.07
Attachment 11919

The price is getting to rise as it hits the down edge of the Bollinger bands indicator as you can see on the chart of XAUUSD right now.
The volume of the market is now high as it has a value of 838 as you can see on the volume indicator at the bottom of the chart.
As you can see the price will face a strong Pivot level before it can be able to go upward then setting level 1240.61 as the next resistance to the price as a primary take profit then the next resistance at 1242.98 is recommended while you can cut the losses at the level 1232.94 if the price heads down .
Another indicator could be useful to confirm the entry which is consists of three indicators as you can see on the middle of the chart image so entering with the cross of the CCI and moving average can be a good way to confirm the entry .
imagee

the XAUUSD pair for today seems to be on bearish trend according to the red color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is blue colored which indicate a buy signal by the way.
Now the signals show a week bearish trend and a sell trades can take a place as soon as the Nonlog indicator changes to confirm the direction.
For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be green or if the price hits the resistance at the area of 1237.99 which may mean that the bearish direction is over.
http://bigimage.cz/photos/20010101978335563769174.gif

According to the chart of XAUUSD there are a main down trend signal as the 2 EMA 5 and 6 moving below the slow EMA of 35 then I guess I will take a sell positions once the other indicators confirm the bearish direction.
There are a dots below the candles for parabolic sar indicator to indicate a upward direction and also I can monitor a sell signal on the MACD indicator which moving below the level 0 for now beside the CCI line is at the Higher level to perform a upward signal.
As I said before according to the EMA locations selling is my favorite side for today as long as the price didn’t show any opposite bullish signals.
http://bigimage.cz/photos/20010101978335334622302.gif .

As you can see on the chart of XAUUSD the prices is now lower than the EMA line of 15 which could be used as a good sign of bearish trend for today.
Also the power line indicator is now above the 50 level which indicates a good upward direction signal.
One important thing else is the power momentum indicator which as you can see show a low power of the bearish trend which can be used to filter the entry of sell positions.
http://bigimage.cz/photos/20010101978338886551168.gif .

pair- gold
analysis time frame- m30

http://i59.tinypic.com/6pls0i.jpg

the down movement of the gold price is hold at fibo support 61.8 price 1232.52 level. this is moving up side and break resistance trend line. now its at the daily resistance level 1247.13 level. this up movement is continue expected hold the long entry with profit target at 1260.00
good luck

By analyzing the XAUUSD we can but a bearish chanel to limit the movement of the market inti two trend lines The price is moving at the upper edge of the donchin channel so you may think about selling as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a green bar appears above the level of 0 and it is considered a good buy signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 80 th level Till this moment bearish trend is the choise and also selling targeting the lower edge of the donchin channel is not a bad idea at all http://bigimage.cz/photos/20010102978393708749293.gif

A clear cross is occurs on the momentum indicator on the XAUUSD chart as the blue line goes above the red one to perform a good buying signals for the current time By the way the yellow color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the XAUUSD To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the red color on the arrows to perform a downward signal on the short term Now according to these data I think a upward trend should be in action as long as the momentum buy cross still on the chart and a buy trades can be taken as long as the ATR indicator keep showing a buying signals.
http://imagez.me/photos/20141019141375848162660.gif .