Gold

[edmar6969]

Trading Signal - 02/09/2014 - 10:00 (GMT +3)
Instrument: GOLD
Time :
60min CHART
Trend & Condition:
Downwards Strong
Waiting for a retracement higher towards the 1284 resistance level in order to reinstate SHORT positions.
A Medium probability, entry signal to go LONG was given at 1292 after the market completed a bullish trend reversal pattern. Only the downward break of 1273 would cancel the bullish scenario.
Support & Resistances
1280 1284
1268 1287
- 1290

[achyut]

Trading analysis for 02nd September, 2014. In Daily chart GOLD shows bearish trend. At present GOLD breaks all 4 support levels. Now GOLD is at 1276.14.

Pivot: 1286.62

Resistance levels

R1 1287.63
R2 1288.37
R3 1289.38
R4 1290.38

Support levels

S1 1285.88
S2 1284.87
S3 1284.13
S4 1283.38

[KAUL]

http://prntscr.com/4iu9cd
analysis for today 9 / 2 / 2014

GOLD

Resistance : R1 1291.71 R2 1301.16 R3 1319.91
Support : S1 1278.01 S2 1268.56 S3 1249.81

Open : 1286.95
High : 1287.31
Low : 1282.41
Range : 490 Pips
Running Price : 1283.18


Strategy : SELL at the level 1283.18 stop loss at the level 1291.71 target take profit at the level 1249.81 or at the level 1212.31

[Emi]

http://prntscr.com/4iudub
analysis for today 9 / 2 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 9 / 1 / 2014
OPEN 1287.04
HIGH 1287.35
LOW 1285.63
CLOSED 1286.88

The third resistance (R3) 1287.35 - ( 1286.62 - 1285.63 = 0.99 x 2 = 1.98 )= 1289.33
The second Resistance (R2) 1286.62 + 1287.35 - 1285.63 = 1288.34
First resistance (R1) 1286.62 x 2 = 2573.24 - 1285.63 = 1287.61
pivot points 1287.35 + 1285.63 + 1286.88 = 3859.86 / 3 = 1286.62
Support for the first (S1) 1286.62 x 2 = 2573.24 - 1287.35 = 1285.89
Support second (S2) 1286.62 - ( 1287.35 - 1285.63 = 1.72 ) = 1284.90
Third Support (S3) 1285.63 - ( 1287.35 - 1286.62 = 0.73 x 2 = 1.46 )= 1284.17

[ShafiMuhammad]

Today we are predicted that GOLD pair move more downward with some above mentioned conditions, so BUY trade is best and in case this pair move upward direction then possible euro zone have strong numbers due to event announcement / result, because strong and weakness condition clear on news announcement, so we are quickly modified our Signals Session.BUY entey 1281.00 sl:1270.00 TP:1286.00

[BURHANFX]

http://prntscr.com/4inm2k
analysis for today 9 / 1 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1286.20
Retracement (50%) 1287.10
retracement (61,8%) 1288.00

Extensions (61.8%) 1278.56
Extensions (100.0%) 1275.64
Extensions (138.2%) 1272.72
Extensions (161.8%) 1270.92
calculation based on a Fibonacci retracement then today I choose sell

[ng1985]

pair- gold
chart analysis time frame- m30



the price movement can see in the triangle chart pattern with having the support at 1285.00 and resistance 1290.00 level. the macd indicator is below the zero level so down movement can expected. if this is break support then make short entry with profit target at 1275.00
good luck

[KAUL]

http://prntscr.com/4ijbru
analysis for today 9 / 1 / 2014

GOLD

Resistance : R1 1296.34 R2 1305.79 R3 1324.54
Support : S1 1277.74 S2 1268.29 S3 1249.54

Open : 1287.04
High : 1287.04
Low : 1287.04
Range : 0 Pips
Running Price : 1287.04

Strategy : SELL at the level 1287.04 stop loss at the level 1296.34 target take profit at the level 1249.54 or at the level 1212.04

[Emi]

http://prntscr.com/4hvu7p
analysis for today 9 / 1 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 8 / 29 / 2014
OPEN 1289.25
HIGH 1290.92
LOW 1283.28
CLOSED 1287.04

The third resistance (R3) 1290.92 - ( 1287.08 - 1283.28 = 3.80 x 2 = 7.60 )= 1298.52
The second Resistance (R2) 1287.08 + 1290.92 - 1283.28 = 1294.72
First resistance (R1) 1287.08 x 2 = 2574.16 - 1283.28 = 1290.88
pivot points 1290.92 + 1283.28 + 1287.04 = 3861.24 / 3 = 1287.08
Support for the first (S1) 1287.08 x 2 = 2574.16 - 1290.92 = 1283.24
Support second (S2) 1287.08 - ( 1290.92 - 1283.28 = 7.64 ) = 1279.44
Third Support (S3) 1283.28 - ( 1290.92 - 1287.08 = 3.84 x 2 = 7.68 )= 1275.60

[kabeer4x]

it seems like the gold has now begun to move upwards slowly.yesterday after the news release it showed some movement but wasnt significant though.since Usd is gaining strength it has now become alot easier to trade in gold and other currency pairs due to their certain movement in opposite directions.when gold started to go up i opened my trade in Usd/Jpy and it gave me a good profit within an hour.cant wait to see what gonna happen in september.