Gold

[haseeboops126]

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

Gold is in extensional position it strickly go in byeing trend / Gold bahot down a chuka hai is liye ap ko mashwara deta hoon kah gold ko bye karain aur big profit lain

---------- Post added at 05:58 PM ---------- Previous post was at 12:48 PM ----------

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

Silver

Silver retested our entry level at 18.30, at the 161.8 percent Fibonacci extension level, before bouncing again towards our first target at 19.00. Overall, the strong bullish divergence on RSI and the 161.8 support level remains intact, and thus we maintain our bullish rebound scenario.

Support: 18.30, 18.00, 17.75, 17.50, 17.25
Resistance: 19.00, 19.30, 19.55, 20.00, 20.15

Recommendation Based on the chart and explanations above, we prefer to long silver around 18.30 , targeting 19.00,19.35 and 20.00. Stop loss below 17.75



Gold

Gold failed to hold above he 161.8% extension level at 1220.00, and extended the bearish wave to 1180.00, invalidating our earlier bullish rebound scenario. Despite the selloff, RSI remain lagging price action, and showing a clear bullish divergence, while price is extensively oversold. Meanwhile, price has formed aw minor inverted head and shoulders pattern at this key level 1200.0. Accordingly, the anticipated bullish rebound may start to materialize today.

Support: 1200.00, 1180.00, 1165.00, 1150.00, 1125.00
Resistance: 1210.00, 1220.00, 1225.00, 1240.00, 1252.00

Recommendation Based on the charts and explanations above, we prefer to long gold above 1195.00 targeting 1220.00, 1250.00 and 1275.00. Stop loss with hourly closing below 1180.00

---------- Post added at 06:02 PM ---------- Previous post was at 05:58 PM ----------

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

Breakout: Gold prices consolidated slightly after finding support around 1220. But after a brief consolidation during the previous 6/26 session, it fell against as the 6/27 session was winding down. The breakout swing has pretty much achieved the width of the range of the brief consolidation and cracked the 1200 handle. We might expected some brief consolidation or pullback from this psychological level, but against such a sharp trend, we might limit that expectation to around 1220 where there was support before.

If xau/usd continues to fall, the next key support pivot will be in the 1156-1166 area which contains the May-July 2012 lows. A pullback above 1238 will be needed to show some significant support in place and suggest a consolidation mode outside of the 1 or 2 session time-frame.



Consolidation: Silveer and gold has been under the control USD-strength, which has been fueled by tapering expectation . Today, gold lead the decline with a break from a brief consolidation. Silver however remains in its consolidation of the same scale and time-frame.

Breakout target: If silver follows and falls below 18.40, we can get another 0.60-0.65 lower, let's say with a target to 17.85. This is close to the next support pivot, or xag/usd's July 2010 low around 17.30.



FXTimes

Information and opinions contained in this report are for educational purposes only and do not constitute an investment advice. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness.

FXTimes will not accept liability for any loss of profit or damage which may arise directly, indirectly or consequently from use of or reliance on the trading set-ups or any accompanying chart analyses.

All screenshots are made from VT Trader 2.0 and are of actual market data at the time of the screenshot.

---------- Post added at 06:06 PM ---------- Previous post was at 06:02 PM ----------

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

GOLD closed lower on Thursday and the lowrange close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible nearterm. If it renews this month's decline, monthly support crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a shortterm low has been posted.

[fxabdulrehman]

Last Friday Gold price surge upward hitting our Stop Loss and breaking 1224.27 resistance level. Since our view remain bearish for this pair, we will wait until price reached the next resistance 1271.53 level. If price rejected that level then we will find a short opportunity.

[AKHTARCH]

in gold is very dangerous trading. suggest closed all entry and wait till it stable. gold i going down to down.it may be go to below to 1100.take short sell not open entry.use also stop loss

[janforex]

we can see in the 1w chart

the pair can close up the up trend line
i see the pair will go to up way to 1235.98
rsi refers that the pair will go up
so our target buy from 1233.98 and our target will 200pips

Good luck

[zainab]

elliott crucial reversal point 1257 corrective dips shoud idealy halt near 1206 or 1197 for one more thrust up wards to wards 1233 - 1250 area or 1296 in extention fall below 1162 puts in back on a down wards path
support and resistances
res2 1269
res1 1250
piovt 1215
sup1 1215
sup2 1162

[mody2000]

how are you

we can see in the 4h chart
the pair can close up the up trend line
i see the pair will go to up way to 1236.98
macd refers that the pair will go up
so our target buy from 1233.98 and our target will 300pips

[forexsara]

time frame daily in the chart


the pair will go up to fibo 23.6
I see the pair will go to up way to 1312.11
stochastic refers that the pair will go up
so our target buy from 1233.98 and our target will 7893pips

Good luck

[Looser]

the Gold has made a minimu of $1180 during the last week, and i believe that it is the minimum that it can do during this year 2013, and it will take some rest before it will descide to start it rising journey again. that is my persnal analysis.

[noman kanwal]

long term gold is bayin at 1150 and stop 1140 and limit 1340 and to day market is sell at selling 1244 and stop 1245 and limit 1180

[Mec]

Gold ne firday market closing 1243 par day di he gold apna new low 1180 laga chuka he lein wahan se bounce bak kar k wapis araha he esa lag raha he k ye wapis bounce back hojay ga