Gold

[Ex.ness Support]

29.10.2014 10:10 XAUUSD
GOLD: under pressure before the US Federal Reserve meeting

Sell on a level breakthrough of 1222 with 1205 target. Stop loss = 1232.

Reason for the trading strategy

Today, the US Federal Reserve is likely to complete the QE3 program, which would entail a growth of profitability of US government bonds. Gold prices on the background of tightening of monetary policy in the world's largest economy may fall to 1205 dollars.

GOLD, H4

[ng1985]

pair- gold
analysis time frame- m30



the price is having strong resistance at 1234.05 level and up movement is rejecting and falling down. the price break the support at 1225.75 level and moved to daily support at 1221.95 level. this may be continue to the 1200.00 level. hold the short entry with stop loss at 1240.00
good luck

[halloiasan]

By analyzing the XAUUSD we can but a bearish chanel to limit the movement of the market inti two trend lines The price is moving at the lower edge of the donchin channel so you may think about buying as long as there is no opposite signs appear on the Awesome oscillator The Awesome oscillator has a green bar appears above the level of 0 and it is considered a good buy signal Also the stostatic indicator shows buy signal by showing up intersection between the two lines near the 20 th level Till this moment bullish trend is the choise and also buying targeting the upper edge of the donchin channel is not a bad idea at all

[troykilson]

A week bullish trend take a place on the hourly chart of the XAUUSD as the Blade oscillator is now at 1.094 area above the level of balance and at the same time the indicator is blue colored which is a week indication of bullish direction on the short term. On the chart itself you can see the moving average 5 sloping UP and then you can consider the last bottom drawn by it at 1229.73 as a good stop loss if you need it in case of buy orders which is very advised according to the indicators signals.

[clark]

As you can see on the chart of XAUUSD the prices is now lower than the EMA line of 15 which could be used as a good sign of bearish trend for today.
Also the power line indicator is now below the 50 level which indicates a good downward direction signal.
One important thing else is the power momentum indicator which as you can see show a high power of the bearish trend which can be used to filter the entry of sell positions.
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[hatrik]

A clear cross is occurs on the momentum indicator on the XAUUSD chart as the blue line goes above the red one to perform a good buying signals for the current time By the way the blue color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the XAUUSD To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the blue color on the arrows to perform a upward signal on the short term Now according to these data I think a upward trend should be in action as long as the momentum buy cross still on the chart and a buy trades can be taken as long as the ATR indicator keep showing a buying signals.
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[ANDRIAS]

http://prntscr.com/50uyp7
analysis for today 10 / 29 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 10 / 28 / 2014
OPEN 1226.15
HIGH 1234.94
LOW 1222.35
CLOSED 1228.33

The third resistance (R3) 1234.94 - ( 1228.54 - 1222.35 = 6.19 x 2 = 12.38 )= 1247.32
The second Resistance (R2) 1228.54 + 1234.94 - 1222.35 = 1241.13
First resistance (R1) 1228.54 x 2 = 2457.08 - 1222.35 = 1234.73
pivot points 1234.94 + 1222.35 + 1228.33 = 3685.62 / 3 = 1228.54
Support for the first (S1) 1228.54 x 2 = 2457.08 - 1234.94 = 1222.14
Support second (S2) 1228.54 - ( 1234.94 - 1222.35 = 12.59 ) = 1215.95
Third Support (S3) 1222.35 - ( 1234.94 - 1228.54 = 6.40 x 2 = 12.80 )= 1209.55

[mary]

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

Daily forecast: GOLD 29 Oct. 2014.

Technical analysis for Daily forecast of GOLD 29 October, 2014. In Daily chart GOLD is flat. At present GOLD on the pivot point. It is important to break support or resistance levels to identify the trend.

Pivot: 1228.67

Resistance levels

R1 1234.98
R2 1241.63
R3 1247.94
R4 1254.26

Support levels

S1 1222.02
S2 1215.71
S3 1209.06
S4 1202.42

[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 1219.3367 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 1248.2767 .
In other scenario if the price can break the support 1219.3367 and get a bearish signals by a red dots then it�s expected to keep going south till the support of 1208.1433 as the next weekly Pivot point.
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