the chart is showing that the pair has closed it's daily candle above the level of 1608 , and that's mean that the up trend is still standing and the pair might reach the level of 1615 today . good luck..
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the chart is showing that the pair has closed it's daily candle above the level of 1608 , and that's mean that the up trend is still standing and the pair might reach the level of 1615 today . good luck..
http://i50.tinypic.com/2ms2ao2.gif
The short term trend of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1570.00 and key resistance at 1640.00. Based upon my chart analysis, I prefer to buying the Gold around 1600.00 with targets 1630.00 then 1670.00 with stoploss is below 1570.00.
Gold is now once again resumed its growth, completed the remedial stage, the price began to actively grow, like heading to a maximum of a week in 1616, it was about him is still my goal, to the south do not watch at all.
It is likely to rise to 1620 in the near future.
Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high. it can rise..
uptrending is expected because of the trading now above the level of 1610 (pivot point) and the pair might continue in it's upmovements heading to level 1620 after make hourly correction first i think , good luck .
On friday again the instrument got good support at 1604 and made a swing to 1625, it is good for bulls going ahead, and now the targets of 1630-1650-1670 looks more likely to be achieved soon.
Attachment 3676
the price of gold has hit the upper bound of a relatively long range bound. we are not sure whether it will still go sideways in the next few weeks or not. if we want to play into the sideways trend we must wait and see whether the price will reverse down or break and go up.
The price broke the 1618 level and on the way to previous high at 1626. I think the price will fluctuate in this range for a long time because there is no support news for today session.
http://s10.postimage.org/nacyw99a1/Gold.png
Gold become 1617 is very recent. So i open sell order. But some indicator still buy signal at this moment. MACD, RSI, ADX & MA give me buy signal & My analytic give me sell signal.