Gold

[Ex.ness Support]

25.08.2014 8:08 XAUUSD
GOLD under pressure after a speech by J. Yellen at Jackson Hole

Sell on a level breakthrough of 1272 with 1258 target. Stop-Loss = 1284.

Reason for the trading strategy.

Last Friday J.Yellen's speech at Jackson Hole provided substantial support to the world's reserve currency. Chairman of the Federal Reserve said that in the event of a further improvement in the US labor market or a more rapid rise in inflation, an increase in the federal funds rate may happen sooner than it is expected by the FOMC now.

GOLD, H4

[BURHANFX]

http://prntscr.com/4g8js4
analysis for today 8 / 25 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1277.40
Retracement (50%) 1278.42
retracement (61,8%) 1279.43

Extensions (61.8%) 1268.81
Extensions (100.0%) 1265.53
Extensions (138.2%) 1262.25
Extensions (161.8%) 1260.22
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 channel pattern with having the support at 1271.00 level and the resistance 1282.20. the macd indicator is giving up movement signal but wait to break the channel pattern and profitable trading. long with take profit at 1300.00 and stop loss at the 1265.00

good luck

[kmhasan]

i actually do not likely think that the country's ve4 hard succeed. I preume which usually Trader will involve grting to know the whole thing approximatly Foreign exchange trading, that include disadvantages and additionally profit margins and additionally inancial obligations, and additionally all of these might ucnover everything through retailer prior to when getting into substantial money membership, people get 4xperience t odash matters for Foreignexchange trading ill be able to money.

[KAUL]

http://prntscr.com/4g73rt
analysis for today 8 / 25 / 2014

GOLD

Resistance : R1 1284.84 R2 1294.29 R3 1313.04
Support : S1 1271.70 S2 1262.25 S3 1243.50

Open : 1280.85
High : 1281.00
Low : 1275.54
Range : 546 Pips
Running Price : 1278.28

Strategy : SELL at the level 1278.28 stop loss at the level 1284.84 target take profit at the level 1243.50 or at the level 1206.00

[soniailyas]

gold i trading kafi expert tarders ka kam ha , jo traders bohat he ziyada experience rakty hien , wohi is pair mi profit hasil ker sakty hien , kuke ye pair bohat he risky ha , is ly ziyada traders currency mi he trading karna like kerty hien.

[kabeer4x]

kya koi bhai ye bata sakta hain k gold mein trading karne k liye kitna deposit hona chahiye apne trading account mein minimum?main ne nai nai trading start ki ha aur muje gold mein trading karni ha par gold mein trade nahi open hoti 10 dollars k sath.help ke liye shukria

[sohail143]

Dear Gold mn trade krny ky lye bht invest ke zarorat hote hy ,,,orr gold py trade krny kly forex trade business ka full knowliedge hasil karna chahye,,,orr GOLd mn bht risk hy agr ap ko knowliedge hy to profit hoga warna los hoga

[brimou 19]

forex trading is a easy way of earning money... It can also be a career for a trader if he wants so. When a trader get involved in to this trading buisness then he needs to learn forex trading perfectly from a forex teacher.. I also have some basic knowledge of forex trading business from a teacher who is also a good trader of forex.

[Emi]

http://prntscr.com/4fkoz8
analysis for today 8 / 25 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 8 / 22 / 2014
OPEN 1276.59
HIGH 1282.71
LOW 1274.12
CLOSED 1280.68

The third resistance (R3) 1282.71 - ( 1279.17 - 1274.12 = 5.05 x 2 = 10.10 )= 1292.81
The second Resistance (R2) 1279.17 + 1282.71 - 1274.12 = 1287.76
First resistance (R1) 1279.17 x 2 = 2558.34 - 1274.12 = 1284.22
pivot points 1282.71 + 1274.12 + 1280.68 = 3837.51 / 3 = 1279.17
Support for the first (S1) 1279.17 x 2 = 2558.34 - 1282.71 = 1275.63
Support second (S2) 1279.17 - ( 1282.71 - 1274.12 = 8.59 ) = 1270.58
Third Support (S3) 1274.12 - ( 1282.71 - 1279.17 = 3.54 x 2 = 7.08 )= 1267.04