Gold

[Babarali123]

Gold

With a huge intraday turnaround the gold bull run is being massively retraced now. Having spiked early yesterday up to $1610, gold retreated over -$50 into the close, but is seemingly not stopping there either. This has left a big shooting star candlestick. Coming at the end of a huge run higher, the corrective potency of this candle will now be a big concern for the bulls. For a couple of days now we have been wary of exhaustion signals that could usher in a correction in gold. We now have then in full view. The gap at $1553 has been filled (but not closed yet) but as we move into the European session today the selling pressure is resuming. This is driving sharp signals on RSI (below 70 is a basic sell signal) and a bear cross on Stochastics. A closing below $1553 today would mean the next corrective targets come in at $1536 and $1518. The bulls need a response and the hourly chart shows resistance now $1553/$1561

[Alex vector]

Dear i.forex members Good morning

GOLD

On this Day i will predicted this pair have being bearish down direction.

the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.

the market trend could remain in this position and I expected support resistance levels.

A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.

I suggest to take short terms position on SELL today.

[Hassinali]

A.o.A
dear freind i am new in forex forum but i know forex is the best earning website in the world .if u have experince in trading u make big profit .
i use zigzag graf
nd Rsi graf
i alwyas use this and gain good and huge profit .if u loss thin u stop this .

[adnanmustafa]

A.o.A
dear freind i am new in forex forum but i know forex is the best earning website in the world .if u have experince in trading u make big profit .
i use zigzag graf
nd Rsi graf
i alwyas use this and gain good and huge profit .if u loss thin u stop this .

[heel]

the price is rejected to the down side from the resistance at 1.6175 now parabolic sar is also showing us down trend signal. if the price is break 1.6135 level we can see it will falling to the pivot point at 1.6107

trade- short
take profit@1.6110
stop loss@1.6170

[miles]

Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY

gold

Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.

Note:Always Follow the making experienced with others having great knowledge about trading.

[Nelson]

gold

Resistance UP ^

pivot point # 1566

1#Resistance 1562

2# Resistance 1564

3# Resistance 1569

Support DOWN V

1# Support 1552

2# Support 1560

3# Support 1458

[ritfx]

Gold- currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1561.71 - 1565.18 - 1570.61
Resistance 1 - Resistance 2 - Resistance 3.
1579.51 - 1582.98 - 1588.41
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.

[markwins]

Gold
suporting levels are here:
support 1) 1570
support 2) 1565
support 3) 1560
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.

Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL

highest 2nd resistance of this pair today will be going :1587
i think best time to enter sell trade at 1585- with tp at 1560 with narrow stop loss of 1589 in short terms

[Nadeem Ahmed]

GOLD (Derived Data)
CFDS ON GOLD (US$ / OZ):TVC
1570.14
USD
+3.54 (+0.23%)
MARKET CLOSED (FEB 07 21:59 UTC)
1566.60
PREV
1566.60
OPEN
0
VOLUME
1560.70 — 1574.10
DAY'S RANGE