Gold

[Boran7]

Gold again came very close to the medium level of support 1663.00 figure (on the daily chart in the area is the 200 moving) + visible converging bearish triangle, and has broken through this mark, this breakdown has become a strong signal to sell since opened almost unimpeded path to a further decline, breakdown took on increasing volume (seen fyutchers), you can still hide behind knocked 1661.00 level.

[munirlah]

pleas guide me

[hamza661]

The yellow metal seems to have carved out a low at around 1,660.00 region or looking to drop towards the 1,645.00 region before setting up for further rally. Either way, it is recommended to buy on dips. Intermediary support is around the 1,645.00 mark followed by 1,600.00 region. As it can be noticed, the 0.618 support of rally between 1,580 and 1,795, past resistance turned support (1,630/40), Trendline/Channel support are all converging around 1,640/50 region. It would be the best buying opportunity if prices manage to reach there. Looking to buy on dips further.

[untung]

The drop in the Yen is probably one of the reasons for the appreciation of US dollar against other currencies. If the USD will continue to appreciate during the day, this might continue to affect the recent rally of gold

[hamza661]

Gold is currently testing the lower limit of its medium-term bearish channel at 1,661 suggesting a rebound. However, a break of these levels will free a large potential and initiate a more violent bearish channel.
Technical indicators provide sell signals, but until the support is not broken the assumption of a rebound is most likely. Bollinger bands are much discarded as a result of a strong decline these days. Stabilization is expected in the short term.
Gold is currently testing the lower limit of its channel, we suggest 2 scenarios. The first one is the hypothesis of a rebound where we recommend a buy on the level of 1,661 with the 1st objective at 1,672 and then at 1,675. A breakthrough of 1,658 will invalidate this scenario. The second scenario is a break of its support where we recommend a �sell stop� which means to sell gold as soon as it is broken through its support of 1,661 with the 1st objective at 1,650 and then at 1,648. A breakthrough of 1,664 will invalidate this scenario.

[secret alibi]

During the price remained below 50 ema, the trend will remain bearish trend
During the last MACD below the level 0, the trend will remain bearish trend
Trend: Bearish
Target 1657.11

[dollar]

time frame- H4
here we can see that price is holding at the support level 1660.87 not abel to crossed this support beside this in stoch indicator we can aslo see long signal we can trade with long order anc can hold this till 1681.00
todays pivot point are-
Resistance 3- 1687.07
Resistance 2- 1681.53
Resistance 1- 1673.97

Pivot point- 1668.43

Support 1- 1660.87
Support 2- 1655.33
Support 3- 1647.77

[ahmed fakhry]

Gold: The gold prices stabilized today after yesterday’s nasty spill, where they fell to a three month lows as many investors decided to reduce their positions in precious metals before the new 2013 year. The February futures price of gold on COMEX rose today to 1674.50 dollars per ounce as demand for gold in India and China this week was still above the average demand, which is usual for this time of year.

[ALLIANZ]

Bias is still bearish, although gold rebounded yesterday to test resistance at 1776 area.
Break above this area is needed to trigger further bullish correction testing 1685 area.
Nearest bearish target is found at 1660 region, break below this area should add bearish pressure towards 1645 area.

[erespe]

As it opened below the pivot today, technically gold will likely fall towards 1661.10, but I prefer to wait a buy signal then choose to take short. I expected gold will break pivot line (1.668.72), once it happened, I think gold will rise.