Gold

[biouscope]

the price is way above the 1700 level for this commodity gold. i think the price will continue its upward movement for this time. bcz 1700 was the very strong and psychological level for this commodity also. now the next target for this commodity will be 1750 before any retracement.

[fxquest]

After taking support on 1661 today gold started a non-stop rally and was able to make a high above 1680, positive think is it is again trading near its days high now, looks 1700 level it will achieve quite easily without facing any major resistance.

[biouscope]

1671 has been very strong resistance for gold in recent time. the breaking of this level will bring new range for the gold . otherwise it wil continue its previous range 1600-1670 again. according to this hourly chart the trend is bullish.

[biouscope]

1671 has been very strong resistance for gold in recent time. the breaking of this level will bring new range for the gold . otherwise it wil continue its previous range 1600-1670 again. according to this hourly chart the trend is bullish.

[akghurde]

maine aaj afternoon ko gold sell kiya tha at price 164.20 according to indicators it was showing strong sell so i place order there for selling n put my trading n what i saw it raises its value n i got a loss of $15 while puttting to close. any ways it gives me experience..

[thanhfxviet]

Gold is being on very strong up trend, however it will make a correction at somewhere. Now price is at 1664.45 which is higher than R3 level, and I think it will down as a correction from this level to R2 level then up again. That's why I SOLD at current price (1664.45 and stoploss at 1675.00 and take profit at 1645.10.

Happy trading to all of you!

[yogesh]

It was really good that market did not slip below 1525 otherwise it was going to head towards 1480 level, and the recovery was really good upto 1578 level where it got some resistance, now it has already corrected and is trading around 1565 where fresh buying may come and this time it may cross 1578 and enter into 1590-1600 range again.

[bigearners]

nice analysis bro ab yeh leg reha hey k uper hi jaye ga kafi neechay ja chuka tha acha support mila hey.mera target yahan sey 1700 ka ho ga ager koi acha buy signal mila to. long term trade

if got good support around 1580..then its good chancesto cover 1600 level first and new target of 1700 may achieved but kuch bhi ho sakta hai.aisa nahi hai ki upar hi jaye neeche bhi ja sakta hai.kyonki abhi thodasa market first week of new year may be unpredictable.

[khanfx]

Parity XAU / USD (OR) yesterday pretended to break out the support line of its long-term bullish channel (brown lines on the graph - see long-term analysis) and support located at 1550 points.
The course is currently testing a return to above 1550 points.
All indicators are bearish.
We continue to advise treat only short positions as the course will be located under 1580 points.
A break out of 1550 points will then offer a new sell signal for an extension of the downward movement in the direction of 1500 points or lower if this level is also broken down.
In case of return of the course above the 1580 points then we will wait for a break 1600 points upward to advise to go / not to treat more than the long positions on gender.

[biouscope]

placing a pending buy at 1570 tp at 1650 Trailing 10usd

if gold continue going down then will move lower but 20usd above the spot rate...