Gold

[Zeeshani]

Today analysis for the pair of :Gold
--- Trading opinion for the best profitable trade: Open Buy ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 1283.23
2# Resistance is: 1285.10
3# Resistance is: 1288.13
Supporting level of this pair is :
1# Supporting is: 1277.17
2# Supporting is: 1275.30
3# Supporting is: 1272.27

[SA153P]

TODAY'S TECHNICAL LEVEL OF GOLD :
Breakout BUY Level: 1305.
Strong Resistance: 1302.
Original Resistance: 1300.
Inner Sell Area: 1297.
Target Inner Area: 1295.
Inner Buy Area: 1292.
Original Support: 1288.
Strong Support: 1284.
Breakout SELL Level: 1280.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.

[PAK]

currency of Gold is bearish

Resistance level is:

1- Resistance level is:1285
2- Resistance level is: 1287
3- Resistance level is: 1289


Supporting level is:

1- Supporting level is: 1281
2- Supporting level is: 1279
3- Supporting level is: 1277

[sana24]

For short term trader in gold there is a good technical today because if we look the chart in the picture above, gold go to up after touched monthly support level 2 yesterday in american session.

In asian market today ma 16 had crossed up ma 96 .It can indicate that the price will go up, below trend analysis today with ma system:
ma 16 as short term trend indicator= up
ma 96 as medium term trend indicator= sideways
ma 480 as long term trend indicator = down
So the trend is up weak short term

I predict the price will go up again until weekly support 2 area 1601.57

[Shahzada]

it will move up some more days till 1650 or 1660 buying now is some what dangerous because we may expect any fall because there was some huge raise in past days, lets wait for it to start some fall.

[Farmansali]

Gold
The chart of gold show us a bull trend to upside now .
Crunt rate id 1298.01 it was open at 1280.67
Chg.show us +1.33% .i think it has at 65% buying position
But now it is thinking mood for trade best .so take care

[may78655]

Gold analysis
We also find on the chart that gold will buy over the next few days
Wali saturation of Satoktk and jump after 15 days to 1300.05 new summit
And confirms the purchase expected to reach 1365.15 and noted management Ras Malik task and wish you a quarter is important to analyze yourself

[FM1881]

A bailout would allow the European Central Bank to step in and buy Spanish sovereign debt, which would result in reduced borrowing costs for the debt-strapped nation.

But Spain has been reluctant to do so because it may come with conditions on its budget.

Gold prices came under additional pressure following the release of upbeat U.S. economic data, which raised concern the Federal Reserve might scale back its monetary easing measures.

Official data Friday showed that U.S. consumer sentiment rose to its highest level in five years in October. The University of Michigan said that its consumer sentiment index rose to a seasonally adjusted 83.1 from 78.3 in September, the highest level since September 2007.

The data came one day after the U.S. Department of Labor said the number of individuals filing for initial jobless benefits fell by 30,000 to a seasonally adjusted 339,000 in the previous week, compared to expectations for an increase

[lal765]

Gold maximum price 1340 and minimum 1260
Support level 1 : 1290
Support level 2 : 1280
Support level 3 : 1270
Upper level 1 : 1306
Upper level 2 : 1314
Upper level 3 : 1322
************** trend sell***************

[Hassan1240]

fter trending higher for several months last year, GOLD reached the big round level at $1,300 early in January this year. Gold bulls failed to break above it and, as a result, Gold traded in a range with the top of the range somewhere around $1,295 and the bottom around $1,285-87.