Gold

[vijaymunshi]

good evening ciptafx... in forex market gold is traded like currency against USD... here u r not involved into physical buying... its just a simple concept of reducing the risk toward the safest currency... according to economician and all gold is one of the safest asset which is directly proportional toward the performance of USD strength or weakness.....you can earn decent profits while trading in gold if u would be able to interpreted the economic data and judge how it will impact the gold or USD.

[ciptafx]

Good evening the seniors and masters and gentlemen, sorry i want to ask something about trading gold, what is the difference in the gold trading in the currency, to be honest I have never done transactions or trading in gold, many say that gold trading is much more profitable trading on the forex market, what is true ...? hopefully the seniors and the master can help .. thanks

[Mouseen]

Gold continues to build momentum north, on the hourly chart is viewed shaped reversal formation "inverted head and shoulders", the 4 hour chart MASD also formed a buy signal, but the signal strength confirming bull signal to open the purchase should be a break of resistance 1663.85.

[mahmoud2000]

Daily analysis for the pair of gold gold now heading to the Resistance 1666.62 expect in the case of boarding to rise to it and fall, God willing, in the case of landing it will land to 1656.11 expect rebound in the case of breakage Vomamh 1650.23 They are strong

[DooD]

For gold decided to completely turn over to the north, the price is still broke and confidently moving alligator strengthened above them, broken upper zone of fractals (resistance 1661) and the pair went to a small correction which became my entry point on the daily chart also formed a bullish engulfing as stochastic signal to buy.

[vijaymunshi]

below 1665 level gold remains week. It is assumed that this time FOMC wont make market much volatile. total gold is stable and able to resist above 1660 but didnt manage to cross the 1665 level. still US market is going to open in next 2 hours lets c what will be the further move gold will opt.

[ihab]

Gold is based on the support of sub 29/1/2013
gold price closed yesterday,s trading above the 1653.00 level stochastic clearly make us expect to see the bullish tendency aimed at testing level,s start at 1671.00 followed by 1683.00 but we note that achievement,s of these positive first requires exceeded the level of 1660.00 along with stability above 1653.00

[erespe]

Gold rise and break the pivot level 1656.25, it is possible to go up towards 1666.50 or higher. However if the pair is moving down again below pivot level, then gold may goes down towards 1646

[MTEBESSI]

Gold face a great weakness since last week the rally push price to a very low level at 1.650. there is no trading opportunity before a correction to fibo 38 or 68. Lets see if the price make some correction to go short with the major trend.

[vijaymunshi]

gold ki volatility abhi bhi continue hai... lagta hai market shayad se 1550 ke lower par touch karega but abhi market ka strong support hai 1553 par. next week gold main hum kuch unexpectable moment dekh sakte hai kyki major economic data release hone wale hai