Gold

[shanhu]

Gold chart after the early fall, recently has been around 1268.20 low consolidation, expected after the adjustment will be the recent further down. From the map hour trend, the last trading day of gold broke through the 1295 resistance, carried out further rise, short-term upward to 1303.65 around the high resistance without adjustment, it is expected that after the adjustment of short-term there is still further room to rise. In the process of rising short-term support at 1287.

[edmar6969]

Trading Signal - 12/05/2014 - 11:00 GMT +3
Instrument: GOLD
60min CHART
Downwards Weak
A Medium probability, entry signal to go LONG will be given with the upward break of 1295.0000 after the market found support at 1286.6169. Only the downward break of 1280.0000 would cancel the bullish scenario.
Support & Resistances
1277.8300 1295.0000

[Bieela]

daily analysis for GOLD
Gold flat correction down 1283.81, much higher, testing second daily resistance 1298.46

Elliott 1315.65
Closing 1288.73
Ex-Low 1285.61
Ex-High 1294.47

Support 1 1284.75
Support 2 1280.76
Resistance 1 1293.58
Resistance 2 1298.47

[caius]

Daily technical analysis for GOLD
Key Point 1287.42
Entry Point 1288.12
Trendline 1 1289.78
Trendline 2 1284.40

Support 1 1284.74 Support 2 1280.75
Resistance 1 1293.59 Resistance 2 1298.46

[shanhu]

Gold chart after the early decline, recently has been around 1268.40 low building secondary rhythm, will help further medium-term downtrend. From the map hour trend, gold record low 1277.70 support oversold bounce, moving average systems are crossing, objective direction conversion potential, although short-term rebound, but the action can be a slight advantage, is expected to rebound in the still further down space. Short term rebound in the process of the resistance at 1295.

[BURHANFX]

analysis for today 5 / 12 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1288.69
Retracement (50%) 1289.73
retracement (61,8%) 1290.76

Extensions (61.8%) 1279.88
Extensions (100.0%) 1276.51
Extensions (138.2%) 1273.14
Extensions (161.8%) 1271.07
calculation based on a Fibonacci retracement then today I choose sell

[caius]

Weekly technical analysis for GOLD
Gold current move should be supported in 1286.89 - 1277.31 zone for a rise to 1327.07. A break below 1265.89 opens the way down.

Key Point 1277.10
Entry Point 1296.38
Trendline 1 1285.06
Trendline 2 1306.00

Support 1 1277.31 Support 2 1265.89
Resistance 1 1307.90 Resistance 2 1327.07

[shanhu]

Gold yesterday maintained low consolidation, closing remained above its 100 day moving average of $1286, the market outlook will be here as a key, if at this bar below the moving average, the downward pressure on gold will increase, but if can hold here, for gold has been transferred to the downward trend is still need to observe. The short-term chart to see without recovery of 1298 and 1302, are still under pressure, if below yesterday's low of 1284, test of the 1280 and 1277, the more important support at 1273 or for the short-term trend of the key below. We expect the gold short may continue to swings in 1278 to 1298 between, or try to ****ually rise.

[KAUL]

analysis for today 5 / 9 / 2014

GOLD

Resistance : R1 1297.54 R2 1306.99 R3 1325.74
Support : S1 1282.05 S2 1272.60 S3 1253.85

Open : 1289.15
High : 1291.35
Low : 1288.24
Range : 311 Pips
Running Price : 1290.57

Strategy : SELL at the level 1290.57 stop loss at the level 1297.54 target take profit at the level 1253.85 or at the level 1216.35

[mianli123]

Gold chart from April 24th has been adjusted to low tempo runs, is expected after the recent correction term will expand further downside. From the map hour trend, a gold trading day on May 7th since the flag relay along the formation of a breakthrough, the short-term support operation near the low adjustment pace along the in the interval, the action was dominant, expected after short-term adjustment will start descending further. The process of falling short-term resistance at 1295.50.