Gold

http://prntscr.com/58i0a9
analysis for today 11 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 11 / 20 / 2014
OPEN 1182.80
HIGH 1196.88
LOW 1176.66
CLOSED 1193.53

The third resistance (R3) 1196.88 - ( 1189.02 - 1176.66 = 12.36 x 2 = 24.73 )= 1221.61
The second Resistance (R2) 1189.02 + 1196.88 - 1176.66 = 1209.24
First resistance (R1) 1189.02 x 2 = 2378.05 - 1176.66 = 1201.39
pivot points 1196.88 + 1176.66 + 1193.53 = 3567.07 / 3 = 1189.02
Support for the first (S1) 1189.02 x 2 = 2378.05 - 1196.88 = 1181.17
Support second (S2) 1189.02 - ( 1196.88 - 1176.66 = 20.22 ) = 1168.80
Third Support (S3) 1176.66 - ( 1196.88 - 1189.02 = 7.86 x 2 = 15.71 )= 1160.95

Spoiler:

http://vvcap.net/db/ydwfusrhCW6ga32riiJa.png

Pair: GOLD
Major Trend: Bullish
Time Frame: H4
Reason: To this day the price will correction to 1188.99 which is also the pivot point today, before continuing the trend and retest the resistance to 1201.50, if the price is breached, then the price will lead to 1209.23. RSI is still above the line 50. The stochastic is in overbought area.
Recommendation: Buy with a target of 1209.23

the price seems to move in upward trend today on the XAUUSD chart as there are a blue dots below the bars and as long as the price keeps higher than the strong support of 1158.3167 which is also the weekly Pivot point then it seems that the price may keep going north till it can hit the weekly pivot resistance at 1205.7567 .
In other scenario if the price can break the support 1158.3167 and get a bearish signals by a red dots then it’s expected to keep going south till the support of 1128.3133 as the next weekly Pivot point.
http://bigimage.cz/photos/20141121141654358525460.gif .

As we can see in the XAUUSD chart the main trend is currently taking a up direction and that’s because of the position of the 5 and 6 EMAs which are above the 35 EMA and as a result taking buy positions is the right choice once I get the confirmation from the other indicators that the direction will be bullish .
The parabolic sar indicator shows that the price might be taking a upward direction according to the dots below the candles .
The MACD indicator is giving me a buy signal which is currently moving above the 0 level also the CCI line is performing upward signal as is at the higher level .
As a conclusion to what I said earlier I do think that buying would be the best choice for now according to the EMA locations that of course unless the price gave a bearish signal instead .
http://bigimage.cz/photos/20141121141655191859798.gif

On the XAUUSD chart you can see a bullish trend due to the green color of the super trend and it is the main indicator to know the price movement direction.
The Nonlong dot is colored in red and that is an indication for a sell signal.
The signals now are showing a weak bullish trend also the buy trades can take place as soon as the Nonlog indicator has changes to confirm the new direction.
When we talk to the stop loss area we can think about two ways to end first if the price reaches the support of 1190.9 and the second when the super trend changes its color to red that means that the bullish trend has ended .
http://bigimage.cz/photos/20141121141655118214342.gif

A new bullish trend is starting to take place on the XAUUSD according to the MA indicator which changed to green color and at the same time the candles started turning to the green color which confirms the direction of the trend.
The bullish trend's strength is shown by the BB MACD indicator signal where the green dots are currently stationed above the zero level.
In the end I think buy trades would work greatly since the bullish direction is gaining in strength targeting by the resistance located at the level 1195.35 as long as it remains strong and keeps its position above the level 1189 which is a support level at the moment .
http://bigimage.cz/photos/20141121141655139115464.gif

On the XAUUSD a bearish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading south soon.
After monitoring the histogram indicator we can notice that a red line is starting to take shape forming by that a bearish signal for the pair by being located under the 0 histogram level.
As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
On the guru angle indicator we can notice that the slope is currently moving above the 0 level colored as green indicating by that a bullish direction now.
Clearly we can see that the price might be heading south in order to test the next support located at the price 1192.49 that's why I do recommend that as long as the indicators keep showing the same signals we should go with sell orders.
http://bigimage.cz/photos/20141121141655373124097.gif

As you can see on the XAUUSD chart in front of us the blue line’s position in the moment indicator is below the red line which means a good selling signal should be occurring.
also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a downward direction but that can only happen if the moment sell cross was taking place on the chart And as long as the ATR indicator keeps showing selling signals then without doubt the sell trades would be a better choice for entry.
http://bigimage.cz/photos/20141121141655595194076.gif

The selling signal appearing right in front of us today on the XAUUSD 1 hour chart the red arrow which is the last signal shown by the EMA crossover indicator using 2 exponential moving average lines of non-similar shifts.
A sell signal is being performed when the red line becomes located below the blue one.
The QQE indicator will be giving me a filtering signal by showing us a sell cross when the lines go above the fifty levels.
sell is the order I'll be choosing to target the level 1197.35 which is a support or the other option when a buy cross is created by the 2 exponential moving average lines.
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http://bigimage.cz/photos/20141121141655659102855.gif

For today's analysis on the XAUUSD since we can see that the price located below the level 1194.98 colored in blue which can be considered a balanced point according on the MBFX indicator.
On the other hand the vestro indicator is showing us a bearish saturation as its last signal.
down in this situation targeting the next MBFX level located at the support of the price 1186.25 which could be our primary selling target and if it kept going on the same pace then the support located at 1180.86 could be considered as our secondary target but in case the price breaks the level 1203.71 then this would be the time to start thinking about buying orders as the price will stop heading down http://bigimage.cz/photos/20141121141655685111636.gif