Gold

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 low as it has a value of 365 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 1253.1 as the next resistance to the price as a primary take profit then the next resistance at 1255.44 is recommended while you can cut the losses at the level 1245.55 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 .
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The new daily opening was higher than the last day opening to allow us to mention the up trend occurs on the last day.
Now according to the new data shown on the chart of the XAUUSD pair the last arrow signal was a green up arrow below the price to indicate a bullish signal for the short term traders.
In this case I guess that the last opening at 1252.3 should be used as a take profit area because it should act as a strong resistance that the price may face difficulties to break it up Finally I think using a trading system is the best way to enter the trades and then you should wait to see a clear blue line on the check indicator and at the same time trader indicator have to be green in order to make sure you are in the right bullish trend before opening any buy positions .
http://bigimage.cz/photos/20010103978497634687224.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 above the candles for parabolic sar indicator to indicate a downward direction and also I can monitor a buy signal on the MACD indicator which moving above the level 0 for now beside the CCI line is at the lower level to perform a downward 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/20010103978509067144520.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/20010103978510936211745.gif .

the XAUUSD pair for today seems to be on bullish trend according to the green color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is red colored which indicate a sell signal by the way.
Now the signals show a week bullish trend and a buy 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 red or if the price hits the support at the area of 1248.2 which may mean that the bullish direction is over.
http://bigimage.cz/photos/20010103978509029115097.gif

http://prntscr.com/4yk5gj
analysis for today 10 / 22 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 10 / 21 / 2014
OPEN 1246.44
HIGH 1254.95
LOW 1245.13
CLOSED 1248.70

The third resistance (R3) 1254.95 - ( 1249.59 - 1245.13 = 4.46 x 2 = 8.93 )= 1263.88
The second Resistance (R2) 1249.59 + 1254.95 - 1245.13 = 1259.41
First resistance (R1) 1249.59 x 2 = 2499.19 - 1245.13 = 1254.06
pivot points 1254.95 + 1245.13 + 1248.70 = 3748.78 / 3 = 1249.59
Support for the first (S1) 1249.59 x 2 = 2499.19 - 1254.95 = 1244.24
Support second (S2) 1249.59 - ( 1254.95 - 1245.13 = 9.82 ) = 1239.77
Third Support (S3) 1245.13 - ( 1254.95 - 1249.59 = 5.36 x 2 = 10.71 )= 1234.42

pair- gold
analysis time frame- m30

http://i57.tinypic.com/9ghn9c.jpg

the price is will not break the resistance at 1254.00 and again moved down side. this is also making a pull back from the pivot resistance at 1249.51 level. this down movement may hold at the fibo support 78.6 level. hold the short entry with take profit at 1235.00 and stop loss at 1250.00
good luck

The price of gold fluctuates when support for the ascending channel that shows the image, while up stochastic oversold areas, which supports the chances of resuming the expected bullish trend on the intraday and short term, and which is supported by the SMA 50.
Recall our goal next major scheduled at 1290.00, and the requirement of stability above the levels of 1240.50 and 1235.00 to maintain chances of achieving the proposed height.
The trading range for today is between: Support and resistance 1231.00 1265.00

The price is moving below the wave of EMA indicators to perform a shape of bearish direction through the day at the chart of XAUUSD pair And with a sell signal showing on the RSI indicator which have the line going below the center line of 35 This also can be merged with the data of Macd indicator as you can see the green lines is heading down to inform that the market bears have the control at the market for the current period Then I think going with the bears at the current day and keep at the market until another buy signals shown on the chart by getting the price above the wave of EMA indicators.
http://bigimage.cz/photos/20010104978567282159947.gif .

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