Gold

[harryroxg]

I think gold trend is most beneficial its give large profit but its based on highly risk and in currency trade its have not high risk to lost money.

[amnag]

today i like to sell Gold @ 1296.10
my stop loss of the day @ 1301.10
half take profit for today @ 1288.10
and further half take profit @ 1281.10

[sarfraz44]

Gold value is down for some days the price has fallen there is no movement in upward but now it is not moving down ward it is in a stable position so i think we should wait for some days more before buy Price raised $5 after market open and formed another bullish candle on daily chart if its able to break the 1551 then we see some quick rally toward all time high hold on buy order till all time high these are my views.

[fxabdulrehman]

GOLD.(Xau/usd).
Technical Analysis.

This chart is for long term picture.

* The first nave blue horizontal line indicates the main area 1530-20 that breaks and we see a heavy fall. (now this area is not easy to come again soon not even in medium term trend).

* The second red horizontal line indicates the stop for long term bears.

* The third and fourth green lines with blue pointed are are levels of sell for those who are still on bear mode indicating downward channel.

Short term trend : up
Medium term trend : down
Long term trend : down

[Start]

Gold price tag now bounced off support at 1300.424 and passed a large order to sell at TD the last two days 1320,888 frame. Justification of the forecast - high volatility and the current price is below the benchmark.

[Algon]

Forecast pattern Break / U-turn on Aug. 2. In a pair of XAUUSD, the price tag on the situation ceychas bounced off support at 1302.425, and also in the last days was a large order for sale, for the last two days of TD frame 1325.870, volatility in the last 7 days 2.90, support 1302,425, 1330,797 resistance yesterday, despite the drop in volatility selling, all options will be obvious outset, I hope there will be a break-down. Justification of the forecast - high volatility and the current price is below the benchmark.

[DoooD]

Gold* After yesterday's "saw" a way out of the "symmetrical triangle" is still held and the level of support the trading range otm.1309, 11 underwent one more time pressure medvedey.Teper price is too close to the rising channel support line and a lot will depend on that. stand whether the level or not and depending on it to build its position in the vhod.Poka off the market.

[brina]

gold technical analysis by using : average directional movement index wilder(14) & stochastic(5,3,3)

adx wilder(14) level

style : 35.90
+di : 9.02
-di : 47.52

stochastic(5,3,3)

main : 13.65
signal : 23.85

time : 0900
date : 02.08.2013
timeframe : 1 hour

[fshonest]

gold forecast:
from daily chart, we can see this gold price has out from the short bullish trend, and now it begun the downtrend movement again.
it should go down to test the support area again around 1257
we can seek for sell opportunity.
current price: 1293
stop loss: 1315
take profit: 1265
good luck...

[fxabdulrehman]

After getting stalled by 1337.62 resistance level the Gold is rotating downward. But since our view remain bullish , we will watch for the next support 1298.30. If the support level rejected the price then we would find a long opportunity.