Gold

i just started Forex trading,and now in a loss of 4000 $.my only fault was using a large volume and fluctuation is really too bad for beginners. and for small account holders.

Gold is now demonstrated a very good growth in the north, came to the cloud top and otbilos for further growth should be strengthened to overcome the cloud, and above 1600, then the goal of 1610.

Gold is once again took to the south, the price has just approached the sloping short-term support, and so far not been able to overcome it, maybe from her home north of correction after such a sharp fall.

Gold is still not sufficient enough to go into liquidation either side, there are now some stops at 1575, if you look a little wider picture can be seen that the trend is down, so wait for the breakdown down and expect the price of 1530 ....

I am feeling on top of the world with the gold trading these days. Gold is moving towards my direction. The gold will still have to move in a long retracement since it rallied more than neccesary.

http://i45.tinypic.com/2dtdvro.gif

Gold still trading in bearish area and the price also move below the that lower Bollinger band 20 SD1. And 20 Day MA is still act as a strong resistance for this bearish trend. There is nice sell setup on smaller time frame.

Gold is currently approaching daily pivot (1576.80), if the pivot been broken, then gold will likely rise to the level of 1589.80, but if it fails, gold will fall to as low as 1553.70

Gold is also the second half of the day was in the remedial stage of the North and came to yesterday's penetration level of 1577, above this level it could not be strengthened, and now it looks like the beginning of fall to the south.

I believe that gold still maintains a bearish mood, now trades go below the level of resistance in 1578, and the price is similar to that formed a double top, so that you can go with a short stop, calculates that the trend is still going ..

http://i49.tinypic.com/jgs97c.jpg

The main trend is still bearish as long as the price move below the 20 Day MA. yesterday the bulls pullback the price which is just a bull's correction. The bearish movement becomes more strong when the price breaks the lower Bollinger band 20 SD1.