Gold

[saqib493]

Gold is falling from its high prize state. This is due to the current dollar strength since they are corelated. But i think up trend will resume before it falls to 1550, this pair knows no log term fall, only short term since it is always bullish

---------- Post added at 07:50 PM ---------- Previous post was at 07:23 PM ----------

currently gold stays at 1615/30 level. i think it will remain stay below 1650 level in this week, bcz 1650 prooved as very strong resistance level for this commodity. ad also gold is now very strong psychological barrier and also overbought in daily and weekly chart

[haderahmed2003]

we can see in the 4h chart the pair can not close up the broken down trend line I see the pair will go to down way to 1421.127 macd refers that the pair will go down so our target sell from 1422.27 and our target will 100pips

[garrysidhu]

gold ek asha profitable pair he hmm gold pe ashi trade kar ke asha profit make kar sakte hein,gold me profit make karne ke lie hmare pass ashi backup jani ke asha deposit hona bhut jaruri he kyo ke gold pe dusre pairs se jiada movment rehti he

[noga mansour]

Pivot levels today:
R3: 1494.05
R2: 1485.20
R1: 1471.50
PP: 1462.65
S1: 1448.95
S2: 1440.10
S3: 1426.40
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 1426.40.

[mesdo5200]

the pair will go up to fibo 23.6 I see the pair will go to up way to 1520.93 stochsatic refers that the pair will go up so our target buy from 1433.78 and our target will 8904pips

[Theresia]

positive value are shown by Accumulated Oscilator (AO), and Gator Oscilators but Relative Vigor Index (RVI) is still indicating downtrend it means pair is still in neutral mode but tends to bullish from level 1444.85 then fast stochastic line is intersecting slow line bottom upward near buy border level 20 as reversal indication to bullish

[vetman85]

As you see in my following chart, the gold traded between a high of 1476 and a low of 1453, closed at 1458. Today the metal trades below the resistance line of 1480.
Downside Scenario: A holding of the resistance line of 1480 could help the metal to decline into 1449, then 1435.
Upside Scenario: A break above of the resistance line of 1480 could push the metal up into the levels of 1490, then 1500.

[muscle fx]

The precious metal is down today, due to strength in the U.S. dollar seems to be the catalyst. Gold ended down 1.08% to close at 1457, while silver closed down 0.83% at 23.70. On a final note, the oil once again restricted under level 97 and ended the day down 0.50% at 96.20.

From a technical perspective, the precious metal seems closer to determining whether the next big step is higher or lower. Gold has been stuck in a trading range between 1440 and 1480 since the end of April. Given the sharp downward slope of the moving average on the daily chart long term / weekly chart (50 dma and 100), it is difficult to argue that the path to least resistance is still lower. Furthermore, ADX (7) tends to the top with a sharp and reading of 61.16 (weekly chart) which shows the market is still in a strong trend on the basis of a longer time frame. A move below 1440 could open up space for 1400.

[forexgroove]

GOLD (Spot) intraday: the downside prevails.

Pivot: 1478.00
Our preference: SHORT positions below 1478 with targets @ 1450 & 1441.
Alternative scenario: The upside breakout of 1478 will open the way to 1488 & 1507.
Comment: as long as 1478 is resistance, look for choppy price action with a bearish bias.

[babar]

gold ka kuch strong points hen jin men se ek ya ha 1550 yahn pr ya bhot strong hota ha agr yahn se upar gai tu ya kafi profit dy ga