Gold

[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?

[edmar6969]

Trading Signal - 06/08/2014 - 10:00 GMT +3
Instrument: GOLD
60min CHART
Downwards Weak
Waiting for the upward break of 1300 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 1285 would cancel the bullish scenario.
Support & Resistances
1290 1296
1287 1300
1283 1311

[ng1985]

pair- gold
chart analysis time frame- m30



the price is not able to break the strong resistance trend line and falling down from the 1290.00 level. this may be setup head and sholuder chart pattern if making pull up from the 1287.00 level. we can make long entry at the 1291.00 with profit target at 1315.00 and stop loss at the 1285.00

good luck