Gold

[Ali110]

thanks for posting Emi.i was also looking at the price of gold yesterday and and was buzzed to see when price started to go the other way.my only hope to recover from my negative going trade is to wait for it come down again into 1290s. do you have any suggestion about what to do from here?

[maxe60700]

hmm and gold also going to buy trend now have to make some profit with get a right point to enter in gold market ... guys would you like to give me a entry level to enter in market to make a good profit...waiting for a level mean comment

[Emi]

http://prntscr.com/4ao0j7
analysis for today 8 / 8 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 8 / 7 / 2014
OPEN 1305.60
HIGH 1314.19
LOW 1301.89
CLOSED 1312.25

The third resistance (R3) 1314.19 - ( 1309.44 - 1301.89 = 7.55 x 2 = 15.11 )= 1329.30
The second Resistance (R2) 1309.44 + 1314.19 - 1301.89 = 1321.74
First resistance (R1) 1309.44 x 2 = 2618.89 - 1301.89 = 1317.00
pivot points 1314.19 + 1301.89 + 1312.25 = 3928.33 / 3 = 1309.44
Support for the first (S1) 1309.44 x 2 = 2618.89 - 1314.19 = 1304.70
Support second (S2) 1309.44 - ( 1314.19 - 1301.89 = 12.30 ) = 1297.14
Third Support (S3) 1301.89 - ( 1314.19 - 1309.44 = 4.75 x 2 = 9.49 )= 1292.40

[asif hussain]

today,Initial support at 1518 (May 27 low) followed by 1504 (May 23 low). Initial resistance is now at 1550 (June 1 high) followed by 1577 (All time high).

[BURHANFX]

http://prntscr.com/4ah3ox
analysis for today 8 / 7 / 2014
GOLD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1300.86
Retracement (50%) 1298.30
retracement (61,8%) 1295.73

Extensions (61.8%) 1322.63
Extensions (100.0%) 1330.95
Extensions (138.2%) 1339.27
Extensions (161.8%) 1344.40
calculation based on a Fibonacci retracement then today I choose buy

[KAUL]

http://prntscr.com/4adsb1
analysis for today 8 / 7 / 2014

GOLD

Resistance : R1 1313.82 R2 1323.27 R3 1342.02
Support : S1 1298.84 S2 1289.39 S3 1270.64

Open : 1305.60
High : 1308.14
Low : 1304.52
Range : 362 Pips
Running Price : 1305.00

Strategy : BUY at the level 1305.00 stop loss at the level 1298.84 target take profit at the level 1342.02 or at the level 1379.52

[kabeer4x]

kya muje koi bata sakta ha k gold me trading karne k liye minimum kitna mount hona chahiye jis se ma average 100$ per month earn kar sakun.thankyou !

[Emi]

http://prntscr.com/4ac2e9
analysis for today 8 / 7 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 8 / 6 / 2014
OPEN 1288.11
HIGH 1309.18
LOW 1287.41
CLOSED 1305.66

The third resistance (R3) 1309.18 - ( 1300.75 - 1287.41 = 13.34 x 2 = 26.68 )= 1335.86
The second Resistance (R2) 1300.75 + 1309.18 - 1287.41 = 1322.52
First resistance (R1) 1300.75 x 2 = 2601.50 - 1287.41 = 1314.09
pivot points 1309.18 + 1287.41 + 1305.66 = 3902.25 / 3 = 1300.75
Support for the first (S1) 1300.75 x 2 = 2601.50 - 1309.18 = 1292.32
Support second (S2) 1300.75 - ( 1309.18 - 1287.41 = 21.77 ) = 1278.98
Third Support (S3) 1287.41 - ( 1309.18 - 1300.75 = 8.43 x 2 = 16.86 )= 1270.55

[BURHANFX]

http://prntscr.com/4a57lo
analysis for today 8 / 6 / 2014
GOLD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1289.42
Retracement (50%) 1288.08
retracement (61,8%) 1286.73

Extensions (61.8%) 1300.79
Extensions (100.0%) 1305.13
Extensions (138.2%) 1309.47
Extensions (161.8%) 1312.16
calculation based on a Fibonacci retracement then today I choose buy

[Ali110]

did anybody noticed golds high jump? it was amazing to see it going again from 1286 to 1308 in just 2 to 3 hours.i was actualy selling so had to hedge.does anybody else had any pleasant experience in trading gold earlier today or had as same experience as me?