Gold

[jassem9]

r1: 1577.10


pivot: 1577.47

s1: 1576.93

good luck

[farooq4455]

Trading gold has been popular throughout history, once considered a lucrative business enterprise, requiring significant up-front capital. Nowadays, trading gold futures allows for investment to be made with relatively little capital, thanks to the leverage provided by brokerage firms.

The price of gold refers to its price per ounce in USD, and is measured in troy ounces (a troy ounce equals approximately 31.10 grams). Gold futures trading allow the possibility for traders to short sell and benefit from a falling market. You buy (go long) if you think prices will rise and you sell (go short) if you think they will fall.

[mtrsumon]

Gold analysis for 03.06.2013 by using pivot indicator.

r3: 1597.73
r2: 1591.87
r1: 1583.33

pivot: 1577.47

s1: 1568.93
s2: 1563.07
s3: 1554.53

[Forcik]

Gold touched and bounce off the 8 period moving average.
If Gold cannot trade above this average then Target 1 will still be in play.
A break above the average would possibly give warning that a HL is about to put in and could give encouragement to the bulls to push Gold to the area of the last LH.

Trend = Short
Ambush Zone = 1619.30 – 1656.55
Target 1 = 1554.60
Target 2 = 1526.85
Stop = 1684.80

[mitali277]

Gold analysis by using : moving averages.

date : 03.06.2013
time frame : 1 hour.

ema5 : 1576.38 signal-sell.
ema10:1576.83 signal-sell.
ema20:1577.09 signal-sell.

time : 09:25 GMT

[asu_momod_india_jamput]

Gold has touched and has been rejected by the support level at 1573.13. Although basically Gold has a potential to go up and reach the resistance level at 1583.88, if Gold can fall and break 1573.13 support level, Gold will continue falling to the next support level at 1562.34.

[forexgroove]

Our preference: Bearish setups within 1572.25 � 1586.45 with targets @ 1564.80 & 1555.80 in extension.

Alternative scenario: Above 1586.45, watch for bullish setups with 1593.95 as target and 1602.95 in extension.

Comment: Gold currently is in consolidation mode. Hourly stochastic has crossed down. However, 20 MA and 50 MA are flat on hourly chart.http://www.tradewindowfx.com/wp-cont...3-11-16-41.png

[mdsuny]

Forex is a good money making business. Forex has many advantages over other online businesses. we can trade from home or from anywhere. it is causing a forex trading attractive. Business must first learn to trade Forex successfully. to do the hard work and negotiate with the strategies that we can to earn more and more of this company forex. I think forex is very interesting for the traders because it has many advantages and can give us opportunities to learn and earn good .We can earn a lot from this forex trading business ,but we first of all we should learn first properly about forex trading business. Good luck with your trading.so trend is gold in forex.

[advance]

in the h1 time frame the price is moving in a channel pattern. the upper side resistance of this channel is 1583.30 and lower side support is 1563.00 there is no clear signal of trend by macd but stoch is moved into the overbought area. so it will again try to move support side then will up and break the resistance.

[muscle fx]

� Gold firmed slightly on Tuesday, dividing the initial rise as demand for the safe haven is depressed as the Dow Jones industrial average recorded its highest level of economic optimism pushed equities rally. � Platinum rose sharply due to recent strikes in the mines of South Africa sparked fears of supply.

� "As long as equities keep hitting new highs, investors are not going to look toward gold. The focus is on equities right now and it does not seem to be toward safe havens, "said Howard Wen, metals analyst at HSBC.