Gold

[dollarsmagic]

my next target for gold 1648.00 ")

[David7]

For gold like the hourly chart was bearish channel formation, a few hours ago, there was a retreat from the lower boundary of the channel, and now is the formation of the northern wave, aim the upper limit 1667.

[yogesh]

Last few days gold managed above 1665 level well and that was looking for bulls but found the strong resistance at 1677, now today it break 1660 level and slipped down, to 1657, until it again move above 1665 and there shall be worries for bulls and once 1677 is breaken the gates for 1700-1720 shall be open.

[Rozumovski]

Gold continues to be in strong growth, which began last week ... but the indicators hint at the hourly chart the divergence ... but I think the first signal on the sale will be the breakdown level until 1655 ... and growing and very confident ...

[esif]

Gold 23 August 2012












Prices are en route to test a major falling trend line set from the August 23 2011 peak, now at 1663.13, after breaking resistance in the 1620.45-35.70 congestion area. A break above this barrier would mark a significant bullish trend development and initially open the door for a challenge of 1680.00. The 1620.45-35.70 area has been recast as near-term support.

so it means the possibility is both 1680 and 1620 level, as far as i think with the strength gold is currently have, gold may try 1680, and i can not say that gold will go for beyond the 1700 level or not, but still i am confused..

[Emma]

For gold seems scheduled turn to the south, on the hourly chart MASD painted + divergence of Ichimoku. "Dead cross" - the intersection of two moving, but to wait for the sales breakthrough Ichimoku cloud top.

[erespe]

1663.19 level now become a strong support for gold. I expect gold will still continue to rise as the level was broken yesterday. I hope gold will touch 1687.43 level. But if it fall below 1663.19 level, then gold may fall to 1649.50 and touch the MA100 line.

[shozeb]

well jaisa ki gold 2dino me kafi high jata gya hai aur mumkin hai ki abb yeh kuch niche aaye lekin thoda time lag sakta hai isme toh mere khayal se jinke account me accha capital hai unhe gold ko long term trade k form me sell kar dena chahiye...

[forex sagor]

I think it is a good decision. If everyone post here update it will helpful for trader

[chama]

the price of gold is giong up after the american fedral bank who give a signal that it will be a Q3 very soon to insentive the amerian economy