Gold

[samsiah]

GOLD Technical Analysis

Gold Is at channel bearish medium-term its of limit upper the testing currently 1,735 decline a suggesting. However, channel bullish violent a initiate will levels these of break a.
Indicators signals sell provide Technical, note is resistance the until but of broken likely most is decline a of assumption the. movement violent a of imminence the and volatility in decline a showing days recent in tightened greatly have Bollinger.
Is channel its of limit upper the testing currently Gold, suggest we 2 scenarios. First of level the on sell a recommend we where decline a of hypothesis the is one The 1,735 the with 1st at objective 1,725 at then and 1,722. Breakthrough of A 1,738 scenario this invalidate will. Second a advise we where resistance its of break a is scenario The “ buy stop” ace gold buy to means which of soon ace of it of resistance its through broken is 1,735 the with 1st at objective 1,745 at then and 1,748. Breakthrough of A 1,732 scenario this invalidate will.

[ahmed fakhry]

The gold traded in a narrow range, as the main U.S. stock markets were closed today in observance of the Thanksgiving holiday. The December futures price of gold on the COMEX closed at $1731per troy ounce level.

[tradergalau]

The gold traded in a narrow range, as the main U.S. stock markets were closed today in observance of the Thanksgiving holiday. The December futures price of gold on the COMEX closed at $1731per troy ounce level.

[mohamedsalah]

There was not a significant movement of Gold until now. But I think Gold still in bullish sentiment and moving above the 1719.66 support level. So, I still expect Gold will go up and may touches or hits the resistance level at 1740.05 or even higher.

[Bieela_cute]

Scenario for today
Elliott: irregular flat correction up 1739.75
Our preferred view is for a drift down to 1728.05 or below 1726.06. Resistances is at 1729.08. A rise above 1732.35 would delay but not abort this expected fall.
Technical points
Key point 1,734.0400
Entry point 1,733.5900
Elliott 1,718.8100
Closing 1,730.0400
Projection 1,735.7500
Trendline 1,728.3700
Trendline 1,737.9200
Supports / Resistances
Res 2 1,734.6600
Ex-High 1,732.6700
Res 1 1,732.3500
Pivot 1,730.3600
Sup 1 1,728.0500
Ex-Low 1,728.3700
Sup 2 1,726.0600

[romannil]

Gold technical analysis for 23.11.2012 by using : Auto pivot indicator.

resistance 3:1736.43
resistance 2:1734.27
resistance 1:1731.83

pivot point :1729.67

support 1:1727.23
support 2:1725.07
support 3:1722.63

[forexking2]

Trend on still sideways till now. Just wait and see. And I can say this nice to bulls if then buyer on this pair can break up again to more that so strong resistance at 1735.37. On other look this gold still sideways as long as the price here still move bellow that 1735.37

[tradergalau]

There was not a significant movement of Gold until now. But I think Gold still in bullish sentiment and moving above the 1719.66 support level. So, I still expect Gold will go up and may touches or hits the resistance level at 1740.05 or even higher.

[winstead]

Gold is still trying to break into a strong fortress at 1737 price levels. Break up the price of gold will go to the range 1755. Suspended those levels then gold will correct to the nearest level before rising again, which will target level price range 1723-1717.

[VANDA_S]

In M30 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: 1732/1736