Gold

[BURHANFX]

analysis for today 5 / 2 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1287.03
Retracement (50%) 1290.05
retracement (61,8%) 1293.06

Extensions (61.8%) 1261.52
Extensions (100.0%) 1251.78
Extensions (138.2%) 1242.04
Extensions (161.8%) 1236.01
calculation based on a Fibonacci retracement then today I choose sell

[caius]

Daily technical analysis for GOLD 02-05-2014
Gold one more dip to 1280.86 - 1276.81 is likely followed by a grind higher to 1288.65 - 1292.40. After which it can resume its downtrend.

Key Point 1283.39
Entry Point 1286.61
Trendline 1 1291.90
Trendline 2 1288.48

Support 1 1276.81 Support 2 1269.32
Resistance 1 1292.40 Resistance 2 1300.50

[fxearner]

gold ka main support jo tha wo kal break ho chuka hai hai 1287 esliye ab gold down he hoga aur mujhe lagta hai jo aaj shaam ko NFP news hai usmein gold kaafi down jaane wala hai esliye esme aaj soch samajh he tarde lagan hoga..

[mianli123]

Gold: the weekly still on BOLL rail, if can stand again this still retains the possibility of rebound. The daily level pressure line suppression, the overhead resistance around the 1295. The short-term resistance at 1291, short-term line 4 hours below the descending triangle descending orbit, 1287 will reverse as resistance, line 1 hours KD index high down cross, having a slight rebound will continue down.

[apologyx48]

Hi gold is a demendable products of the forex marke . Its trading strategy is risky but very profitable . At present gold market is down . I think a newbie should not trade with gold because gold trading need very expert person .

[mianli123]

On the daily charts, gold day again callback, but in the 100 day moving average near 1283.17 in support, and then rebounded and recovered most of its losses. The 4 hour chart, the stochastic indicator still is in the middle position, this or that prices will continue the trend of consolidation in the short term.
Days, the support at the 100 day moving average at 1283.17 nearby, and then in the April 24th low of $1268.42; resistance at $1306.93 and $1320.81, stronger resistance at 1588.61-1180.21 near $61.8% Fibonacci retracement of the $1335.26.

[Bieela]

Daily analysis for GOLD
Gold correction zigzag 1287.60, close to daily pivot point 1294.58

Elliott 1306.57
Closing 1295.87
Ex-Low 1286.39
Ex-High 1301.48

Support 1 1287.67
Support 2 1279.48
Resistance 1 1302.76
Resistance 2 1309.66

[shanhu]

Fundamentals, focus on the overnight fed interest rate decisions impact on the market. Technically, two average 4 hour chart ****ually to go flat; inflection point pressure line to maintain good formation pressure; at the same time inflection point support line to provide strong support; K-line form display market short-term straddle kinetic energy shortage; days of orientation is not clear, the market shocks to adjust the trend may maintain, suggest investors in this situation cautious wait-and-see. Pay attention to pressure 1300, 1307, 1285 support, 1280.

[mianli123]

Gold rallied to 55 average daily chart 1305 the callback, the downward momentum slightly dominant, is expected to fall to 1278 mid-term will. From the map hour trend, gold around the average system repeatedly through, to keep short-term sideways turbulence rhythm. The current operation in the 1286-1306.30 range, the downward momentum slightly dominant, expected days will fall to the 1288 line

[caius]

Daily technical analysis for GOLD
Gold should test 1299.75 area after which a sell off down to 1287.68 or extended to 1279.49 area is expected.

Key Point 1297.81
Entry Point 1297.56
Trendline 1 1301.48
Trendline 2 1296.39

Support 1 1287.68 Support 2 1279.49
Resistance 1 1302.77 Resistance 2 1309.67