Gold

[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

[Rao Hac-cen]

hi everyone anyone tell me about gold next trget where it willl go up or down please tell me thankx

[sumonbaf]

Gold analysis for 05.10.2013 by using pivot indicator.

r3: 1494.24
r2: 1485.09
r1: 1471.37

pivot: 1462.22

s1: 1448.50
s2: 1439.35
s3: 1425.63

[sara59852]

the pair will go up to fibo 38.2
I see the pair will go to up way to 1575.18
stochastic refers that the pair will go up
so our target buy from 1457.86 and our target will 12017pips

[adilakhtar]

Market seemed directionless today, in fact it was lacking decisiveness and looked confused espeical over usd job data, i think it will remain in same situation until there is no effective news or assurance from higher authorities. Still positive that it found supoprt on 1625 again and made a good recovery.

[salman butt]

forex trading me gold 1 esi cheez he jis me sirf wohi insan trading kar sakte he jis ka koi acha experience he ya us k pas bohat sa balance he.Wo is liye k gold 1 mint me kisi ko barbad b kar sakte he or 1 mint me hi kisi ki zindge b badal sakta he.is ki movment bohat he teez hoti he .

[nilaki01]

Some expose a priest, he seems bigger, faster recovery. Always tends to be the high price of $5 a contract from the record candles of different opening styles affect the schedule for the day and the market is optimistic.

[sumonbaf]

Gold analysis for 05.09.2013 by using pivot indicator.

r3: 1512.96
r2: 1494.59
r1: 1484.07

pivot: 1465.70

s1: 1455.18
s2: 1436.81
s3: 1426.29