Gold

[gendengFX]

Gold challenging major resistance area between 1695 and 1703 (see also the highest channel decreases). An hour support can be found in 1667 (01/17/2013 lowest). Observe the formation of the base determined by the support at 1626 and resistance at 1695. A break to the up side will pave the way for the move towards resistance at 1755. Gold is in a secular uptrend with strong support at 1523. Observe the strong resistance area between 1791 and 1803.

[nogael_77]

buy gold at the level 1683.92 with targets at 1704.07 and 1718.25, but in case of breaking the level 1679.19, then sell at this level with targets at 1661.94 and 1646.67

[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.