Gold

[Bieela]

daily analysis for GOLD
gold crucial reversal point 1285.35, new daily high close to first daily resistance 1313.93

Elliott 1264.12
Closing 1298.35
Ex-Low 1264.12
Ex-High 1304.60

Support 1 1273.44
Support 2 1248.55
Resistance 1 1313.94
Resistance 2 1329.52

[KAUL]

analysis for today 5 / 5 / 2014

GOLD

Resistance : R1 1308.61 R2 1318.06 R3 1336.81 R4 1374.31
Support : S1 1299.80 S2 1290.35 S3 1271.60 S4 1234.10

Open : 1299.43
High : 1309.10
Low : 1299.31
Range : 979 Pips
Running Price : 1304.99

Strategy : BUY at the level 1304.99 stop loss at the level 1299.80 target take profit at the level 1336.81 or at the level 1374.31

[caius]

Daily technical analysis for GOLD
Gold looks set for gains to 1313.93. Supports at 1281.24 and 1273.45. A break of 1248.54 will damage this bullish structure.

Key Point 1312.35
Entry Point 1288.23
Trendline 1 1284.79
Trendline 2 1284.79

Support 1 1273.45 Support 2 1248.54
Resistance 1 1313.93 Resistance 2 1329.51

[roobin54]

On the daily and mid-term, as you can see the most recent bottom has been formed on 28th June 2013 at $1180.34, thereafter on Decemnber 13th 2013 the price has tried once more to overcome and break it below but failed and have been supported by buyers and caused it to climb again. The upward movement which was formed as an impulse was able to break above the bearish mid-term trend line and formed a top above it. We can see that every time for the correction move as a reversal the price has tried to cross $1280 below, the buyers has supported it from falling more strongly and it appears to be a serious problem for sellers to cross the area. Therefore, as the long-term fourth correction wave completes we are expecting that crossing $1330 again
will provide the climb arrangement for the wave to $1550 and then $1637 mid- term. In terms of time the arrangement should be set between 7th to 20th may 2014.

http://forex-fa14.blogspot.de/

[shanhu]

Continue to hold the 1268 support, and return to the $1300 mark, the downward trend of recent is expected to come to an end, or try to rebound. The resistance at 1316 to the $1322 area, if we can break through this gold further rise to $1355 a chance. Below the support at 1285, below the trend will restore the pressure, and if the fall of 1268, it will open up more space down. Expected short-term possibly in 1290 to 1322 between on and off, probably after brewing further upward trend.

[mianli123]

On the daily charts, gold last Friday rebound again in the $1300 mark of the 200 day moving average resistance, the current price has become a strong resistance.
Days, support near $1293.94 5 day and 10 day moving average cross, 100 day moving average at the subsequent near $1284.60; resistance at the 200 day moving average near $13060.93 and $1320.81, stronger resistance at around 1588.61-1180.21 $61.8% and $1335.26 examples of callback.

[Bieela]

Weekly analysis for Gold
Gold flat correction up 1314.45, No Pivot Points have been reached.

Elliott 1264.12
Closing 1298.35
Ex-Low 1264.12
Ex-High 1306.57

Support 1 1272.78
Support 2 1247.24
Resistance 1 1315.25
Resistance 2 1332.15

[M.Babar1122]

gold tocched its price 1387 and now being traded between 1270 to 1315 since three or four weeks and now it is in buying and many contavercial news are coming about gold some people are expecting it at 1350 and some are cobfident its fall up to 1250

[MuhammadGhulam]

buddy Gold ka ki khaas trend nhi hi bht dafa main nyes baat ko note kiya hai k Gold experienced traders ko bhi Dhool chata deta hai bht se traders jab buy karwa rhe hoty hain tab Gold down aa jata hai acha khasa

[axiata]

DJIA on rally last nite.. gold were joint comm ccy to upside move.. as us index moving avergence with gold.The trading rang for today is among the major support @ 1498 and the key of resistance @ 1511.