Gold

[ba33]

Gold on the Comex division of the New York Mercantile Exchange traded in a choppy fashion Wednesday as some investors booked profits and the dollar rebounded; nevertheless, prices will remain well supported until a deal is struck to raise the US debt ceiling.

[sarfraz786]

Technical analysis for the GOLD

aaj market ka trend bearish hey aur yeh trend jare reh sakta hey aaj market ka trend sell trading ke
leay acha hey , moving average aur Parabolic SAR bhe market ke bearishtrend ko show kar rahay hain , agar
market price up gae to in resistance levels ko break kar sakte hey

Resistance level 1 = 1258
Resistance level 2 = 1263
Resistance level 3 = 1267

agar market price down hoe to in support levels ko break kar sakte hey

Support level 1 = 1252
Support level 2 = 1249
Support level 3 = 1246

[Sing]

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

If looking mreinstein stochastic signal tf h1 & h4 in overbought area now, so before up again ,gold price may down then retrace up.

[Farmansali]

Analyses of the gold matkeet
By giving below at the chart .its
Ask 1255.39
Bid 1255.99
Open ws at 1259.6
Minimum . 1253.49
&miximum at . 1262.33 . it show us
-4.21 -0.33% over all thanks

[00923027642346]

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 1301.57

If looking mreinstein stochastic signal tf h1 & h4 in overbought area now, so before up again ,gold price may down then retrace up.

[lover222]

the chart is showing that the pair has succeeded in closing it's daily candle above level 1320.00 , and that's mean the up trend is still standing and the pair might head to 1260.00 and then S&P 500 stock index futures positioning point to more of the same on Wall Street, but as noted above, a relief rally in risky assets seems like a distinct possibility and may trim gold’s advance.

[may78655]

The price of gold is gradually creeping down to keep away from the resistance of the ascending corrective channel, which supports the continuation of the downside scenario targeting 1248.00 mainly, while stability remains below 1267.00.

[Farmansali]

Wellcome to the chart of gold.
Now markeet position is a better place then other
Days.it should be realise now asking point
Is at 1259.65
Bid 1260.25
Open at 1259.6
Minimum to 1255.76
Miximize 1262.33
It show us now +0.05 0.00%

[ah15]

Gold if offering upside reversal signs and that is normal with the completion of the Deep Harmonic Pattern, where its CD leg was an IM wave. We believe that there is a good chance for the upside move to resume to test 23.6% correction of CD leg at 1561.00 then move to the first target of the harmonic patter at 38.2% correction at 1582.00. Breaching areas of 1510.00 weakens the positive expectations, while a breach of 1498.00 negates it.



Recommendation : Based on the charts and explanations above, our opinion is buying gold around 1540.00 targeting 1552.00, 1561.00 and 1582.00 and stop loss with four-hour closing below 1510.00 might be appropriate

[ah15]

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

If looking mreinstein stochastic signal tf h1 & h4 in overbought area now, so before up again ,gold price may down then retrace up