Gold

[Gutsalo]

Gold retains the low-walking trend, with the opening of the trading week went a little pullback to the north, but then he got out of the moving average with a period of 200, so that the lateral movement I think 1585 will be a good resistances, and the goal for gold is still thinking in the south ....

[maroc89]

The trading range for today is expected among the key support at 1530.00 and key resistance now at 1640.00.

The short term trend is to the upside targeting 1945.00 per ounce as far as areas of 1520.00 remain intact with a weekly closing.

[mahmoud mohamed tawfik]

short positions at 1565.9400 with 1553.1100 target

the breakout of 1580.070 will call for a rebound towards 1600.1800

[ayusri]

gold trading more capital than trading forex because gold is more expensive and very fast movement of gold can go up and down a thousand points so it's very difficult for our predictions, we should have enough experience to be able to trade gold for gold to move quickly once above average curency mayor, for gold trading capital if we are only a few thousand dollars we can trade 0.1 lots just so we could get a gold trading profit from this, but it is very difficult if we are trading with a capital of one hundred dollar gold trading gold is no better than forex trading because forex can also generate a profit and loss if the loss could be measured, but gold is gold can also rise and fall faster than gold curency will be no limit stops at 00:00 because he could not round the clock trading gold but generally we can know when the movement so great, especially when trade usa and if we want to trade gold but little capital there is a curency that we can rise and fall of the same tradingkan such as gold tetpi less capital he curency should we be looking to profit from forex with gold ..

[maroc89]

The trading range for today is expected among the key support at 1530.00 and key resistance now at 1640.00.
The short term trend is to the upside targeting 1945.00 per ounce as far as areas of 1520.00 remain intact

[Irika]

Gold came to a number of very strong support level - sloping line of support, and horizontal support 1574, and + even lower limit of the Ichimoku cloud, the price today is very much fallen and can count at least on the north correction.

[Olig]

Gold drew on the daily chart is very interesting picture, price is not allowed below the support level of 1527, is also noticeable sloping support line on which the price is a little to the north today, there was a retreat from this line, the goal is about the level of 1630.

[sobissa]

The gold / rose gold metal the first day of trading this week as I expected him in the last post to me, but now has found resistance at the Como Span makes cloud husband finds it difficult to resume the upward trend

[yogesh]

The RSI is supported by a rising trend line. Long position is preferable above 1565 with price targets 1596 and 1604. If the price goes to below 1565 then we can expect downward movement 1554 and 1543 as price targets.

Well i think it will not be easy to break and trade again above 1600 soon so 1590 level should act as big resistance and a decline is expected then if again 1560 is broken it will seek to beg support from value buyers in 1530-1540 range.

[yogesh]

Gold has posted 12$ gains today, it looks that gold is targing 1590 level, i would like to be careful on buying higher levels - gold was unable to cross 1533 resistance even in second try and so investors will be more careful going long this time.