Gold

[ramezmk]

The XAU/USD pair closed the day lower after two consecutive days of gains. Without doubt, the outcome of the Federal Open Market Committee meeting will be the next big market catalyst. Even though I do not expect any major changes in the U.S. central bank's easing policy until January or March, I will be waiting to hear how the Federal Reserve will react to the recent changes in the economy. For the last four weeks, we have been trapped between the 1225 and 1252 levels. During this time the bears tried to capture the first strategic fort at 1213 but failed.

Similarly, the bulls attempted to break through 1268 and that didn’t work as well. I think what Chairman Bernanke tells us today will help the XAU/USD pair to break out of this consolidation. If Fed policy makers decide to await more evidence that progress will be sustained before adjusting the pace of asset purchases, I expect to see some profit taking and probably a pull back towards the top of the descending channel where the Ichimoku clouds reside on the daily chart.

[acer20]

Updated : 18 dec
movement: 0.005%
Support : 1210.30
Pivot : 1230.20
Resistance: 1235.74
buy from: 1230.99
target: 1214.84
stop loss: 1232.64

[komba]

virtual Day XAUUSD
18-12-2013

DAY -OPEN 1230.71

DAY-HIGH 1247.96

DAY-LOW 1221.52

BY using pending orders

buy limit from 1227.50

sell limit from 1252.00

[wafaahmed]

date : 18 december 2013

pair :gold


mfi(13):37.99
mfi(15):19.19

a/d :1527
opv :6956
volumes :3360
the pair in up trend
i see the pair go up from :1233.21

[aray84]

Daily Analysis GOLD after the decision ahead will attempt edged above 1235.13 targeting 1235.21 towards levels. Then will fall back to the 1,244 level decline, but we expect for this to remain cautiously between the level of 1235.42.

[place20]

price now: 1235.3300
sell price @ 1288.08
profit in pips :5275
stop loss :1251.11
Resistance 1: 1245.84
Resistance 2: 1248.10
support 1: 1224.76
support 2: 1222.3

[sokar]

date :18 december 2013

pair : gold

the pair in down trend

indicators down : 6
indicators up : 2

ao :-1.158

ac :0.5823

bears(13):-0.53


good luck

[rany]

Today 18/12/2013
Resistance and Support
R3: 1235.21
R2: 1234.87
R1: 1233.76
Pivots: 1232.15
S1: 1231.65
S2: 1229.43
S3: 1228.11

[monta]

Cci (14): 178.33
Bulls (13): 0.36
I see the in pair down trend
So I will sell from: 1230.63
And my target today is:1229.34
And target2 today is:1227.87
Good luck

[laila]

Analysis for today18/12/2013

Resistance4: 1236.87
Resistance3: 1234.78
Resistance2: 1232.65
Resistance1: 1231.98
Pivot Point: 1230.50
Support 1: 1229.11
Support 2: 1228.65
Support 3: 1226.45
Support4: 1225.43
Good luck