Gold

[fxersimo]

the gold is having a period of weakness and it's going to a new droop to down but after doing a correction of the price next week
it's better to do not to buy next week, only sell. use the indicators to know the best moment when to enter and then, attack and eat money and every day pay attention when china and india will ask for gold
good luck for everyone

[zohaib1]

i think gold trading bhut hi risky trading hai our gold trading karna bhut hi mushkil kam hai kyun kay gold trading main zeyada ter loss honay kay chance hotay hain our mujhay bhi gold trading main kafi time loss hua hai

[edmar6969]

Trading Signal - 30/05/2014 - 10:00 GMT +3
Instrument: GOLD
60min CHART
Downwards Strong
The market is testing resistance at 1260.7729. We are waiting to see reversal signals in order to
reinstate SHORT positions. Next important resistance the 1266.4790 level.
Support & Resistances
1251.5500 1260.7729
1225.1610 1266.4790
1182.4611 1275.7020

[BURHANFX]

http://prntscr.com/3o2402
analysis for today 5 / 30 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1254.70
Retracement (50%) 1255.75
retracement (61,8%) 1256.80

Extensions (61.8%) 1245.84
Extensions (100.0%) 1242.46
Extensions (138.2%) 1239.08
Extensions (161.8%) 1236.98
calculation based on a Fibonacci retracement then today I choose sell

[ng1985]

pair- gold
chart analysis time frame- h1



the macd indicator is making lower to high divergern and the price is lower to low side. the price is having a resistance at the 1260.00 level and this is rejecting down. if the price break this level then long with take profit at the 1280.00
good luck.

[Emi]

http://prntscr.com/3nw8n6
analysis for today 5 / 30 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 5 / 29 / 2014
OPEN 1257.90
HIGH 1260.18
LOW 1251.32
CLOSED 1255.46

The third resistance (R3) 1260.18 - ( 1255.65 - 1251.32 = 4.33 x 2 = 8.67 )= 1268.85
The second Resistance (R2) 1255.65 + 1260.18 - 1251.32 = 1264.51
First resistance (R1) 1255.65 x 2 = 2511.31 - 1251.32 = 1259.99
pivot points 1260.18 + 1251.32 + 1255.46 = 3766.96 / 3 = 1255.65
Support for the first (S1) 1255.65 x 2 = 2511.31 - 1260.18 = 1251.13
Support second (S2) 1255.65 - ( 1260.18 - 1251.32 = 8.86 ) = 1246.79
Third Support (S3) 1251.32 - ( 1260.18 - 1255.65 = 4.53 x 2 = 9.05 )= 1242.27

---------- Post added at 10:21 AM ---------- Previous post was at 10:21 AM ----------

http://prntscr.com/3nw8n6
analysis for today 5 / 30 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 5 / 29 / 2014
OPEN 1257.90
HIGH 1260.18
LOW 1251.32
CLOSED 1255.46

The third resistance (R3) 1260.18 - ( 1255.65 - 1251.32 = 4.33 x 2 = 8.67 )= 1268.85
The second Resistance (R2) 1255.65 + 1260.18 - 1251.32 = 1264.51
First resistance (R1) 1255.65 x 2 = 2511.31 - 1251.32 = 1259.99
pivot points 1260.18 + 1251.32 + 1255.46 = 3766.96 / 3 = 1255.65
Support for the first (S1) 1255.65 x 2 = 2511.31 - 1260.18 = 1251.13
Support second (S2) 1255.65 - ( 1260.18 - 1251.32 = 8.86 ) = 1246.79
Third Support (S3) 1251.32 - ( 1260.18 - 1255.65 = 4.53 x 2 = 9.05 )= 1242.27

[BURHANFX]

http://prntscr.com/3npwi0
analysis for today 5 / 29 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1260.04
Retracement (50%) 1261.36
retracement (61,8%) 1262.67

Extensions (61.8%) 1248.87
Extensions (100.0%) 1244.60
Extensions (138.2%) 1240.33
Extensions (161.8%) 1237.70
calculation based on a Fibonacci retracement then today I choose sell

[RaKalan]

The XAUUSD pair value also down but look weak .
we on better to wait please and look carefully with price pullback up change then.

[ng1985]

pair- gold
chart analysis time frame- h1



the price is making lower to low and the macd indicator is lower to high side. this is also at the daily support level 1253.45 level and may move up side as the price is losing their moment. if this is move above the 1260.30 then make long entry with take profit at 1275.80
good luck.

[Emi]

http://prntscr.com/3nm3ul
analysis for today 5 / 29 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 5 / 28 / 2014
OPEN 1264.60
HIGH 1266.94
LOW 1255.77
CLOSED 1257.90

The third resistance (R3) 1266.94 - ( 1260.20 - 1255.77 = 4.43 x 2 = 8.87 )= 1275.81
The second Resistance (R2) 1260.20 + 1266.94 - 1255.77 = 1271.37
First resistance (R1) 1260.20 x 2 = 2520.41 - 1255.77 = 1264.64
pivot points 1266.94 + 1255.77 + 1257.90 = 3780.61 / 3 = 1260.20
Support for the first (S1) 1260.20 x 2 = 2520.41 - 1266.94 = 1253.47
Support second (S2) 1260.20 - ( 1266.94 - 1255.77 = 11.17 ) = 1249.03
Third Support (S3) 1255.77 - ( 1266.94 - 1260.20 = 6.74 x 2 = 13.47 )= 1242.30