Gold

[fshonest]

today 28 june 2013 second forecast for gold.
as we expected after hitting support area near 1170 gold has been rebound to 1200 and now gold is in correction.
from the candle stick formation is preparing for another bearish activity.
maybe in a few hours gold will drop down again to the support area, this time gold price can be drop more further inside this area near 1160 and 50% will be rebound again to 1180 or 1200.
prepare to set sell entry and don't forget set stop loss at 1210.
good luck.

[vetman85]

Update:
The price of the gold fluctuates around the upside channel�s support at 1200.00, and remains stable above it, which allows us to keep the morning suggested scenario as it is for the rest of today�s trading, conditioned by holding above the mentioned level.

[babar butt]

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[lovlysid]

gold byhat down a chuka hwa ha yahan buy kr laina chahye 1180 ka level buhat strong level ha 1165 ka stop loss rakh k buy kr laina chaye long term k liye gold wapis apnay levels pe zaror jae ga

---------- Post added at 06:37 AM ---------- Previous post was at 06:35 AM ----------

buhat achay levels hain ye gold k buy krnay k liye yahan ager back up to buy krna bura nai ha jaisay is chart man aik level ka btaya ha k 1171 ka level ha buhat strong is ko braek kry to mazeed downja sakta ha

[vetman85]

The price of the gold decline stopped at the main target suggested yesterday at 1200.00, and made a negative attempt this morning, but it turns to settle above it, which provides possible signals to witness some positive bias for today, supported by stochastic positivity.
Therefore, the bullish intraday bias will be preferred for today unless 1200.00 was broken followed by four hours close below it, as this break will activate the negative scenario again to target 1150.00 and 1125.00 areas again.

[forexgroove]

Our preference: SHORT positions below 1225 with 1173 & 1150 in sight.
Alternative scenario: The upside breakout of 1225 will open the way to 1244 & 1271.

[Mec]

oh GOLD ne aaaj new low 1180 laga dia he bohat hi bari problem khari hogai he kyon me buying me betha hon or lekin umeed he ye precious metal zaror bying me aya ga or profit milay gay kyon k yahan par 1150:00 tak is ki strong sport he .

[fxabdulrehman]

The Gold continued to maintain its bearish momentum last week , after breaking below the 1321.88 levels, now pressure will be on the key support 1158.48, the GOLD will have to hold below the 1158.48 levels on a weekly closing basis to push the market for further downside losses, If seen it will target the 950.64 levels.

On the upside, a failure to hold below the 1158.48 levels on a weekly closing basis, could mean a return to the 1321.88 levels, where strong cap is suggested .

In all, Gold will remain biased to the downside as long as 1321.88 holds with risk towards 1158.48/950.64 levels, break of 1321.88 would bring sideways move with bullish bias, but upside move above 1321.88 is likely to be limited by 1603.87 levels.

[sumonbaf]

Gold analysis for 06.28.2013 by using pivot indicator.

r3: 1278.88
r2: 1261.69
r1: 1230.95

pivot: 1213.76

s1: 1183.02
s2: 1165.83
s3: 1135.09

[sara59852]

the pair will go up to fibo 23.6
I see the pair will go to up way to 1205.02
macd refers that the pair will go up
so our target buy from 1190.42 and our target will 1508pips

Good luck