Gold

[Julien Ghali]

The Chicago Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms around the Chicago area. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. The Chicago PMI can be of some assistance in forecasting the ISM manufacturing PMI.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

[edmar6969]

Trading Signal - 31/08/2015 - 10:00 (GMT +3)
Instrument: GOLD
Time : 60min CHART
Trend & Condition : Upwards Strong
A Medium probability, entry signal to go LONG was given at 1133 after the market completed a bullish trend reversal pattern. Only the
downward break of 1129 would cancel the bullish scenario and take us SHORT.
Support & Resistances :
1129 1136
1125 1142
1120 1155

[romario]

Hi dear gbp/usa dosra bada pari hay jiss say app loog benifit lay saktay hain dear yeh aik acha pari hay jiss main app ko zayada up ya down ka koi khatra nahi hota iss liya app loog iss pair ko asani say eur usd kay sath use kar sakaty hain iss liya dear app iss pair main trade karain or iss kay liya mahnat karian .

[minok]

well dear actually in forex it is no doubt that gold is to good and profitable pair and that is also to risky and in this we will also earn and also loss our icnome my friend those days the Gold currency will go to low my friend that is why many user will get worried.

[wasim345]

the yellow metal is moving between small gain and losses since couple of hours. currently this metal is trading below the daily pivot level. the yellow metal is now strongly supported above the price area 1139.
the previous week was very bullish and the yellow metal recovered more than 50 dollars an ounce in one week. some correction is expected in this week the bullish zone is 1330 for this metal.
sell below 1164, expected targets 1140, stop loss 1170 and buy stop 1172

[wasim345]

the yellow metal ticked up early Asian session placed high 1168 ounce and crossed the high of several days. gold is in strong bullish trend and it seems that 1156 is expected in this week and the market did the same yesterday. currently the yellow metal is facing a strong resistance and rejected its second necessitate level.
the yellow metal is now strongly supported above the price area 11 and expected targets in this week is 1156. simple moving average of 100 and 200 days are indicating strong positive signal. ichimoku in H1 and H4 graph are also representing bullish signal for this metal. the RSI of 14 days is also bullish for this metal.

[wasim345]

string bullish sentiments are founded above the price area 1105. Gold has enterd in to a new trading cycle and trying to target 1135 area.
ichimoku cloud is indicating strong bullish trend in h1 as well in h4 graph. tenken sen crossed kijun sen and their slope is up word chikuo span is also above then the up kumo and acting as a strong support.
simple moving average of 100 and 200 days is also acting as a strong support for this metal near 1105 area.

[Muhammadsani]

My dear
Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.

[fxearner]

gold ne kal he kal me bahut jada reecover kiya hai,esme abhi sahi level dekhkar aap esme sell kar sakte hai lekin gold me risk bahut jada hota hai aur esliye yahan dhyaan se he har cheez ko dekhna hoga..

[voipkolkata]

Gold is playing a great role in forex market and commodity both markets , because either Gold or USD are reserved by the Central banks and if the USD price up means GOLD price down and I think we need to understand this demand and supply of the both GOLD and USD.