Gold

[TMA]

Thank you for swagat dear and appreciate your thread for Gold discussions. I am planning to put some chunks to this commodity as well because a friend of mine is nowadays making decent money from the same trade. Any good tips would be highly appreciated!

---------- Post added at 07:36 AM ---------- Previous post was at 06:06 AM ----------

If you might be trading today, you would be on the winner side because the trending is quite towards up side. Buyers are on the back whereas sellers just watching the maximum hit. I think, at that time 2011, the trends were confusing and mostly the profits were held on hanging.

[KAUL]

analysis for today 5 / 20 / 2014

GOLD

Resistance : R1 1298.48 R2 1307.93 R3 1326.68
Support : S1 1295.82 S2 1286.37 S3 1267.62

Open : 1293.15
High : 1305.12
Low : 1289.18

Running Price : 1292.78

Strategy : SELL at the level 1292.78 stop loss at the level 1298.48 target take profit at the level 1267.62 or at the level 1230.12

[caius]

Daily technical analysis for GOLD 20/05/2014
Gold is a triangle configuration. Market should break either side. Acceleration should occur above 1305.49 or under 1289.42 limits.

Key Point 1288.70
Entry Point 1297.09
Trendline 1 1289.42
Trendline 2 1290.94

Support 1 1286.50 Support 2 1279.93
Resistance 1 1302.57 Resistance 2 1312.06

[BURHANFX]

analysis for today 5 / 19 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1291.57
Retracement (50%) 1292.79
retracement (61,8%) 1294.01

Extensions (61.8%) 1281.25
Extensions (100.0%) 1277.31
Extensions (138.2%) 1273.37
Extensions (161.8%) 1270.93
calculation based on a Fibonacci retracement then today I choose sell

[Bieela]

Daily analysis for GOLD
GOld flat correction down 1285.29, much higher, testing second daily resistance 1303.57

Elliott 1309.11
Closing 1293.16
Ex-Low 1287.90
Ex-High 1298.34

Support 1 1287.93
Support 2 1282.68
Resistance 1 1298.37
Resistance 2 1303.58

[ng1985]

pair- gold
chart analysis time frame- m30



the price has been break the daily resistance level two at the price 1303.33 and this is also fibo resistance level at the 78.6 now the color macd is giving us short signal and this may be correction in up movement. hold the long position with the stop loss at 1280.00 and take profit at 1320.00
good luck.

[AVIAFX]

Gold looks try to move above heiken ashi but still failed. If gold able to break heiken ashi level, then it will potentialy continue rise towards full target at 1298.02 and may continue to reach reverse level at 1304.44. If rejected, gold will falls to reach null target at 1286.07

[caius]

Daily technical analysis for GOLD 19/05/2014
Gold should try higher up to 1295.75 - 1298.36. Entry point 1293.13 or 1290.53. After this rise, a correction is expected.

Key Point 1290.05
Entry Point 1293.03
Trendline 1 1299.60
Trendline 2 1289.47

Support 1 1287.92 Support 2 1282.69
Resistance 1 1298.36 Resistance 2 1303.57

[Emi]

analysis for today 5 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 5 / 16 / 2014
OPEN 1295.91
HIGH 1297.95
LOW 1287.63
CLOSED 1293.15

The third resistance (R3) 1297.95 - ( 1292.91 - 1287.63 = 5.28 x 2 = 10.56 )= 1308.51
The second Resistance (R2) 1292.91 + 1297.95 - 1287.63 = 1303.23
First resistance (R1) 1292.91 x 2 = 2585.82 - 1287.63 = 1298.19
pivot points 1297.95 + 1287.63 + 1293.15 = 3878.73 / 3 = 1292.91
Support for the first (S1) 1292.91 x 2 = 2585.82 - 1297.95 = 1287.87
Support second (S2) 1292.91 - ( 1297.95 - 1287.63 = 10.32 ) = 1282.59
Third Support (S3) 1287.63 - ( 1297.95 - 1292.91 = 5.04 x 2 = 10.08 )= 1277.55

[roobin54]

[/COLOR]On the H4 chart, the price is moving down strongly along with a bearish trend and every time the price touches the upper line of the channel as a resistance hurdle, the supply pressure increases and a reversal is seen. On the other hand, below the bearish trend line the price is moving upward inside a secondary bullish channel. If the lower line of the channel around $1275 is broken below, we are expecting the slid to be continued. And of course on the other hand if the $1310 resistance level is broken up strongly, a price development is in place as an assumption.

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