Gold

[yogesh]

Gold is getting resistance whenever trying to cross 1670 and so it would be wise to trade the range sell 1665 and buy around 1640, gold has been in this range on last several trading days except the recent low it made on 1627, i would expect gold to remian in 1640-1665 range next week too.

It was a good recovery from 1627 to 1690 but now it is again in corrections and trading little above 1670, hopefully it does not go below 1670 this time and if this support work we can expect gold to cross 1700 soon.

[biouscope]

according to the chart the price slowly going down and gives uo bearish signal for this pair.though the stoch is in overbought zone I think price will go down according to the soch level.

our targeted take profit pips willl be -2000
our targeted stop loss pips willl be-5000

[hazem ahmed mohamed]

i think that gold prices will move up in the next period as we are now at a strong resistance point @1642.65 and i think that the rise in prices will continue until tp1@61.8 percentage and i suggest buying now as the prices of the gold absolutely will rise again .

[biouscope]

after getting resistance from the slowest ema the price of this pair is going down slowly.stoch also gives us the signal of weak movement by narrowing the two line. so il recommend short position for this gold.

our targeted take profit pips willl be -300
our targeted stop loss pips willl be-600

[sinaga]

Gold prices open at 1.659.05, and high current at 1.659.31. pivot level in the area of ​​1.654.50. if it can penetrate the high current price will likely go to 1666 or down correction to the first pivot area and then continue the rising trend.

[yogesh]

If the price brokes the level of 1665 it will the strong signal of reversal and if it bounce backs from 1665 it will fall up to 1638 the strongest support if it breaks the support of 1638 it will move downward up to 1625 and 1596.

Fortunately 1635-40 is the range where gold is getting good support as this was the range where last time gold make a bounce back from and made a journy crossing 1700 level the same day, yeh breaking 1630 may push to 1590-1600 range.

[hazem ahmed mohamed]

i think that gold prices will move up in the next period as we are now at a strong resistance point @1659 and i think that the rise in prices will continue until tp1@61.8 percentage and i suggest buying now as the prices of the gold absolutely will rise again after the last decrease in it's prices.

[usdtrader]

We have very good long term change on GOLD. Looking at the weekly chart, we are very close to touch the up trend line. It is very hard to be broken because GOLD still GOLD. So I suggest buy at the indicated point on the chart. If the uptrend line broken, we go sell. Both deals are long term with tp 1920 (for buy) or (1522 then 1420 for sell).

[hemaabdo]

the gold have reach to strong resistance at 1.666.72 then down again can you tell me which is the strong support may be reached and there are news today can affect on the gold and change the trend ?

[sinaga]

gold is still likely to go down to grab the 61.8% Fibonacci target at $ 1,625 area. Meanwhile, the closing price above $ 1.656.25 will unlock the potential of rebound toward the area of ​​$ 1,670 - $ 1,679. so see and wait to open position