Gold

[yogesh]

Market seemed directionless today, in fact it was lacking decisiveness and looked confused espeical over usd job data, i think it will remain in same situation until there is no effective news or assurance from higher authorities. Still positive that it found supoprt on 1625 again and made a good recovery. Still slipping below 1640 again and agian is not good indication in my views.

[khaled6969]

Gold hit resistance at 1666.57 may see a correction back to support at 1651.55. And can be followed by a break of this support at 1636.53. And perhaps gold will rise to the level of 1680.00

[sobissa]

Gold is trading with uptrend and uptrend may continue and will face resistance at 1690 if broken then pair will cross 1720 but some correction is expected...

[yogesh]

Gold is great investment. gold it is easy if you know the trick. gold price is never down. it always going up.
So you can make some trap based that. It has big spread so we must have enough equity to hold the margin. Do not hurry enter the gold market. make good money management.

It is true that majority of time gold is found in bullish trend but i dont agree that it does not go down, there are times when it gone down even more than 5% in a day, but again those down turn are best opportunity to collect more and more gold because we know with times prices are bound to go up.

[sweety]

I never use my investment in gold till now . i think to invest in gold is so much risky . the initial state of gold is about 1550 and at this state if i go for it then it becomes so difficult for me to recover back . thats why i never use gold in trading and have no experience with gold market .

[kuttus]

pair is trading along with uptrend and I am expecting uptrend may continues and reach 1667 from current point,
have long position...

Yes my friend I am also hoping same thing like this this pair might have a good up tread in the up coming week I also place a buy on current price and hoping I will get a good profit .

[sobissa]

pair is trading along with uptrend and I am expecting uptrend may continues and reach 1667 from current point,
have long position...

[fxquest]

Gold has made good recovery from the recent low of 1624 and has achieved the target of 1665 today but now it look tired, i would expect reversal to 1650 and 1640 though crossing 1672 may change the sentiments and it may again walk towards 1700.

[idlogin]

Intraday bias remains bullish in the short term test area 1667 - 1670 but the overall outlook remains bearish technical pattern since the Double Top appears on the Daily chart, and the required penetration consistently above the 1716 area to stop the Daily bearish scenario and trigger upward correction test area 1726.

[simpleforex68]

We can see that the price is above the Ichimoku Kumo Cloud. There is also a uptrend line. These signals confirm for the uptrend. Therefore, I think the price will continue to go up.