Gold

[aeksaid]

There are initial signs of a good corrective recovery to at least 1331.670654 or even above 1336.036133. Supports at 1319.891724 and 1312.478271 zone.

Key Point 1312.07 Entry Point 1327.10
Trendline1 1318.57 Trendline2 1319.01
Elliott 1342.13 Closing 1321.21
Ex-Low 1318.57 Ex-High 1342.13
Projection 1303.32

Supports and Resistance levels

Support1 1312.48 Support2 1303.75
Resistance1 1336.04 Resistance2 1350.86
Pivot 1327.31

---------- Post added 08-30-2016 at 09:15 PM ---------- Previous post was 08-29-2016 at 09:54 PM ----------

It may attempt a test higher to 1324.389404 - 1327.470703 after which weakness may set it to a drift down to below 1317.457886 limit.

Key Point 1327.09 Entry Point 1321.11
Trendline1 1325.16 Trendline2 1308.18
Elliott 1315.15 Closing 1323.62
Ex-Low 1315.15 Ex-High 1325.16
Projection 1331.82

Supports and Resistance levels

Support1 1317.46 Support2 1311.30
Resistance1 1327.47 Resistance2 1331.32
Pivot 1321.31

[jaz]

Gold par aap us waqt trade lgao jb aap ko pta ho kay aap ko gold sai profit hasil hoga aur jb aap ko gold sai profit na ho to aap ko chahiye kay aap gold par trade na lgao q kay is trhan sai aap ko gold ki madad sai acha profit hasil hoga aur aap ko loss nhi hoga

[Aleksey]

Gold will break bottom of his big range.
We saw deep provocation in Friday, but seller is so powerful that pushed again price to bottom. I think, today, after one more provocations we will see movement below 1310-1305
Look my every morning market review on my youtube channel

[aeksaid]

Gold prices tumbled early US session, with spot gold sinking to $1,323.79 a troy ounce, a fresh August low, as investors rushed to take some profits out from its recent recovery ahead of FED's Yellen speech in Jackson Hole. Despite FED officers have been sending mixed signals over the timing of an upcoming rate hike, mounting speculation that the Central Bank can act before the year end, has prevented the commodity from rallying further. The decline may be overextended in thin summer trading, but the fact is that spot plummeted, and seems poised to extend its decline, as in the daily chart, the price accelerate its decline after breaking below a major Fibonacci support, the 23.6% retracement of its latest bullish run, while the RSI indicator heads sharply lower around 41. In the 4 hours chart, technical indicators are entering oversold territory while the 20 SMA heads sharply lower below the 100 and 200 SMAs, all of which supports a continued decline towards 1,310.80 July's monthly low.

Support levels: 1,320.25 1,310.80 1,299.45

Resistance levels: 1,333.50 1,345.20 1,358.05

[Aleksey]

Gold did what we waited. Today I'm waiting little rollback and after it i hope see new this week minimum

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[aeksaid]

XAU/USD Tradertip Technical Report and Forecast for Wednesday 24 August 2016:

Support at 1336.468262 or 1333.712402 should hold. Then a correction to above 1348.469116 is anticipated. A clear break of 1329.979126 is again bearish.

Key Point 1334.78 Entry Point 1339.76
Trendline1 1335.49 Trendline2 1339.02
Elliott 1344.74 Closing 1337.45
Ex-Low 1335.49 Ex-High 1344.74
Projection 1331.96

[Aleksey]

Low visual level is so visual, that i think, it will break today/ On less time-frame you can find the steps, from them we can open short position with little stop-loss

[aeksaid]

Technical analysis of Gold for August 23, 2016
Gold price bounced off the 61.8% Fibonacci retracement and is back testing the broken triangle area at $1,340-50. I believe this is a backtest and price will reverse downwards towards $1,300 over the coming days.

[jibranayaz]

gold is a very up gold cloud is tha very up markit tis is a grate tis is simpal work forex tradind its is gold mind its is very simpal in tha accumulated is a bonus point grat work is a very tirde its is a good time is a very

[KapilSingh]

gee brother gold ka aaj ka trend tu neechay ki tarif chul raha ha jo ka iss waqat tak tu 1331 tak neechay move ker chuka ha aur mujay tu aisay lagta ha ka aaj yeh mazeed neechay ki tarif ja sakita ha waisay gold ki tradin kerna experienced traders ka kaam ha kiu ka iss main risk bouht hota ha ......