Gold

[veirge14]

Entry price recommendation: 1690.6
The focal point trading: 1685
Recommendation: Access buy above 1685 levels of 1697 & 1703
Alternative scenario: in the case of the downward breach to the level of 1685, it is expected that this will pave the way to 1679 & 1667

[m-t-4]

The gold traded vigorously this session demonstrating strong downward move caused by the publication of data on the U.S. Housing starts and Initial Job Claims, the positive result of which increased the likelihood that the Federal Reserve may stop keeping adaptive monetary policy. Then, after the release of the Philadelphia Fed manufacturing index showed decrease in January to -5.8 from 8.1 the gold prices grew to the new weekly high of $ 1696.8.

[secret alibi]

The position of the current price is above the 50 EMA on the hourly chart, momentum is bullish
The position of the current MACD cross the line above the area 0, the momentum is bullish
Trend today: bullish
Target today:1700.58

[shahid1]

In gold trading is very useful if the trader is expert. He can make the enough profit with the suitable investment. Gold commodity very popular for trading. Experience is necessary for it.

[mahmoud2000]

Technical Analysis of Gold i expect the gold possible down today to the level of 1680.00 In the case of breaking it possible down to 1665.00 and bounce as in the case of boarding expect possible climb to 1700.00 and reflux

[jasiminbd]

For example, is expected to before price and four-wave, new reach extreme before the latest calibration before four-wave 1720. It is more expensive. 1765 Short-term support.

[lovelyprince]

This Technical Analysis gives us a good Indication about next two week movement of gold. This movement of gold is up to downword movement.

[fst2012]

I do not know about gold trading what i know about is forex trading but from my own understanding i think there is a slight difference between gold trading and currency trading.

[ashaab]

Gold breaks the 1685.00 resistance and reached at next resistance at 1695.00 where 50 Day SMA also resides, Here two possibility originates, if the Gold breaks the 1695.00 levels than there is positive sign for gold on the other hand the resistance and the 50 Day SMA play role and Gold faces a reversal. Therefore we stay away at this time to get more confirmation for the upcoming big move.

[drillbit]

सोने के बाजार गुरुवार सत्र के दौरान प्रारंभिक कमजोरी के बाद एक बहुत मजबूत दिखा था.के रूप में व्यापारियों के लिए वर्ष के अंत में अपने पुस्तकों के समापन के बाद लंबे समय से पदों पैर जमाने है, यह समझ में आता है कि जनवरी में अभी तक सोने पर एक और बैल को देखता है. के साथ यह सब कहा जा रहा है, यह 1700 डॉलर के स्तर की तरह लग रहा है इस बाजार में अगले लक्ष्य है.