Gold

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Originally Posted by saraali786

letest trend is doen trend agar 1530 pe hota hai to 1526 tak ya 1524 tak loss hota hai

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So many times gold has got amazing support at 1525-30 levels and it has boosted traders confidence, we even do not think of levels below these, whatever even at current levels risk is limited but reward is quite big for those want invest long term.

I think gold is going down today. 1554.47 level may be a target. But if the price can rise above the 1582.68 level, gold will probably rise.

http://i50.tinypic.com/jsezk3.gif

The short term trend of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1520.00 and key resistance at 1640.00. Based upon my chart analysis, I prefer to buying the Gold around 1560.00 with targets 1690.00 then 1610.00 and stoploss is below 1545.00.

short positions at 1575.9300 with 1570.7800 and 1565.2100 as next targets

the breakout of 1579.9600 will call for a slide at 1585.1100

http://www3.0zz0.com/2012/07/24/09/732862898.gif

Generally womens are used to gold its buying cost is very high its loss to money that can not used poor pepoles.sometimes moved to around up and down gold price.i do not like it.

Trading price of gold Bmih downward very slightly since the morning, and therefore, no change to the proposed scenario the morning, which remains firmly in place without trading 1595.00
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Expected trading range for today is between: Support and Resistance 1550.00 1595.00
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General tendency is expected for the day: the downside

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Originally Posted by dollar

If we look in day chart than we can see gold is not able to cross its lower trend line and again in day chart it made hanging man candlestick patter. so there is a signal to move in up direction and other down movement we can see at resistance trend line near 1600.00

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I also saw that price movements in gold so far and an average of a thousand pips in one day, this makes the trader who has an accurate analysis can quickly get a profit from it. but otherwise is dangerous for traders who are beginners.

short positions at 1582.3100 with 1577.6100 and 1572.6200 as next targets

the breakout of 1586.8700 will call for a rebound towrds 1591.4300

http://www12.0zz0.com/2012/07/25/07/702998399.gif

today gold is high at 10$ its bec exchanges are low today i think it touch 1595 day .

Gold is now well risen in price once managed to get out of converging triangle, the price is now trading above the Ichimoku cloud, and even managed to break through the resistance of 1597.00, for purchases should be held so that a breakthrough 1600.00.