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Thread: Gold

  1. #3767
    Member fshonest is an unknown quantity at this point fshonest's Avatar
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    gold forecast:
    from the hourly chart we can see gold is still trapped between 1309 and 1336
    now it will test again the support area around 1309
    current price: 1319.26
    sell entry with stop loss 1325
    take profit at : 1310
    good luck...

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  2. #3766
    Senior Member fxabdulrehman will become famous soon enough fxabdulrehman's Avatar
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    The Gold is stalled at resistance 133762. It fell significantly yesterday but found buying interest. It reverse back up before it touches support 129830. This situation confirms the gold bullish bias is still in play. Although it's not the kind of rejection that we want to trade for. We prefer to wait price until it really fell and rejected by support with clear definition.

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  3. #3765
    Senior Member saiansh23 will become famous soon enough saiansh23's Avatar
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    I am looking for a break below 1307 and then short the pair for the initial target of pair 1267 and break there will open the way for 1237 and So remain cautious as it is an excellent opportunity for the gold traders however any break above 1348 and 1378 will remove the bearish pressure from the pair

    check the chart


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  4. #3764
    Senior Member AMIRA will become famous soon enough AMIRA will become famous soon enough AMIRA's Avatar
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    elliott flat correction down 1316.98 market should hold majoir support at 1316.85 before towards 1332.43 or even 1338.48 limit
    support and resistances
    res2 1338.48
    res1 1332.43
    piovt 1325.14
    sup1 1319.09
    sup2 1.311.79

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  5. #3763
    Senior Member janforex will become famous soon enough janforex's Avatar
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    we can see in the 4h chart
    the pair trading down the 38.2
    I see the pair will go to down way to 1296.84
    macd refers that the pair will go down
    so our target sell from 1324.62 and our target will 2743pips

    Good luck

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  6. #3762
    Senior Member moka will become famous soon enough moka's Avatar
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    the pair can not break the support level to down way

    stochastic refers to up way

    so the pair will continue to up way

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  7. #3761
    sam234
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    Gold sold off due to the better and expected reading of US GDP and hit a low of 1306 and currently trading at 1309 level. So i will wait for the FOMC interest rate statement to see a clearer direction.

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  8. #3760
    Senior Member amnag is a jewel in the rough amnag is a jewel in the rough amnag is a jewel in the rough amnag's Avatar
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    today i like to sell Gold @ 1334.10
    my stop loss of the day @ 1341.10
    half take profit for today @ 1327.10
    and further half take profit @ 1321.10

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  9. #3759
    Senior Member RaKalan will become famous soon enough RaKalan's Avatar
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    For gold also be aware with still down trend. on simple look,
    if next seller here can break to bellow 1317.53take action as seller is better

  10. #3758
    Senior Member fxabdulrehman will become famous soon enough fxabdulrehman's Avatar
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    Gold Comex Update :- Gold Spot Trading at 1334.29 USD Trading Strategy : 1. Buy Gold at or above 1341 USD with targets of 1349-1359-368-1377.58 USD levels, SL 1332 USD and below.

    2. Short Sell Gold at or below 1332 USD with targets of 1323-1314-1305-1296.65 USD levels, SL 1341 USD and above.

    Alert :- Gold having key resistance at 1338 USD above this it looks bullish .Also gold having key support at 1302/1300 USD levels. Today is the important day for Bullion. Bullion looks bullish with some volatility ahead of Today's FED US GDP DATA.

    On Weekly Chart Basis , if gold crosses and stays or close the level of 1360 USD then it will lead to A HUGE Upward (Target :- 1395-1405-1425-1445.38 USD in coming Months).

    Today after FOMC meeting, Big Move up move shall be seen . SO BE ALERT ..

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