Gold

[achyut]

Daily forecast: GOLD 27 Oct. 2014.

Technical analysis for Daily forecast of GOLD 27 October, 2014. In Daily chart GOLD shows bearish trend. At present GOLD break 1st support level and going towards the 2nd support level. If 2nd support level breaks then next strong support level is 1220.16.

Pivot: 1231.12

Resistance levels

R1 1233.56
R2 1236.40
R3 1238.84
R4 1241.28

Support levels

S1 1228.28
S2 1225.84
S3 1223.00
S4 1220.16

[aliali1]

A bearish trend is now in action as you can see the red arrow shown on the hourly XAUUSD chart at the current time which is supported with a top located at 1232.8 which can be also used as a very strong resistance that the price shouldn�t go above it if the bearish trend still strong.
Also the parabolic sar dots is showing above the candles which is a sign that the price is heading down for a while.
when selling trades take a place I think then the support 1227.85 can be a good area in order to close some open positions as the price has a good chance to go north after hitting it.
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[maggie]

the XAUUSD pair for today seems to be on bearish trend according to the red color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is blue colored which indicate a buy signal by the way.
Now the signals show a week bearish trend and a sell trades can take a place as soon as the Nonlog indicator changes to confirm the direction.
For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be green or if the price hits the resistance at the area of 1229.64 which may mean that the bearish direction is over.
29

[mary]

According to the chart of XAUUSD there are a main down trend signal as the 2 EMA 5 and 6 moving below the slow EMA of 35 then I guess I will take a sell positions once the other indicators confirm the bearish direction.
There are a dots above the candles for parabolic sar indicator to indicate a downward direction and also I can monitor a sell signal on the MACD indicator which moving below the level 0 for now beside the CCI line is at the lower level to perform a downward signal.
As I said before according to the EMA locations selling is my favorite side for today as long as the price didn�t show any opposite bullish signals.
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[ng1985]

pair- gold
time frame analysis- m30



the price is having a resistance trend line at resistance 1233.00 level. its down movement is hold at the support 1225.00 level and moving up side. up movement can expected if the price break 1234.00 level to the 1255.00 level hold the long entry with stop loss at 1220.00
good luck

[ralf]

The price is moving below the wave of EMA indicators to perform a shape of bearish direction through the day at the chart of XAUUSD pair And with a sell signal showing on the RSI indicator which have the line going below the center line of 35 This also can be merged with the data of Macd indicator as you can see the green lines is heading down to inform that the market bears have the control at the market for the current period Then I think going with the bears at the current day and keep at the market until another buy signals shown on the chart by getting the price above the wave of EMA indicators.
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[wench]

the price seems to move in upward trend today on the XAUUSD chart as there are a blue dots below the bars and as long as the price keeps higher than the strong support of 1229.9667 which is also the weekly Pivot point then it seems that the price may keep going north till it can hit the weekly pivot resistance at 1230.7667 .
In other scenario if the price can break the support 1229.9667 and get a bearish signals by a red dots then it�s expected to keep going south till the support of 1229.4033 as the next weekly Pivot point.
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[achyut]

Weekly forecast: GOLD 27-31 Oct. 2014

Technical analysis for weekly forecast for GOLD 27-31 Oct. 2014. In weekly chart GOLD shows bearish trend. At present GOLD below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support is 1173.08.

Pivot: 1237.27

Resistance levels

R1 1248.41
R2 1266.09
R3 1277.23
R4 1288.36

Support levels

S1 1219.59
S2 1208.45
S3 1190.77
S4 1173.08

[RaKalan]

Since our last analysis and gold is trading sideways around the levels 1,248.00. Facing a quiet day and low activity in the market. We are still waiting for high trading volume. Fibonacci price levels tested again about 38% 1,245.00, so we recommend caution of purchase. If you break the price level 1,245.00 trading volume is high, we may see a test of the level of 1,262.00 (the main Fibonacci 38.2%). According to the daily frame, we note the weakness of demand and the weakness of the price movement. Any great show perhaps confirms the further decline in the price and entry downside correction. We put Fibonacci likely to find support and got 38.2% Fibonacci around 1,227.00. Daily pivot points and Fibonacci: resistance levels: R1: 1,254.78 R2: 1,257.12 R3: 1,260.90 support levels S1: 1,247.22 S2: 1,244.48 S3: 1,241.10 Trading Signals: purchase still more risky in terms of gold near resistance.

[alii.hassan]

the XAUUSD pair is now moving at a bullish trend which can be recognized by the up blue arrow below the price and at the same time you can monitor the buy cross between the snake and T3_clean on the 1H chart Now to define the levels which may affect the direction you can use the resistance level at 1237.65 as a good area to claim the profits or keep buying if the price breaks it up while on the other hand the level 1225.4 could be used as a support which the stop loss level can be set Finally buying can be the right decision for now until an opposite sell cross occurs on the indicators or a red down arrow is shown .