Gold

[fxabdulrehman]

Currently Gold trading below $1280 level and Holding $1270 initially.

Gold prices eased today after four sessions of gains, yet still on track for its biggest weekly performance since October 2011 after Federal Reserve Chairman Ben S. Bernanke said the central bank`s highly accommodative monetary policy would be needed for the foreseeable future.

Gold has a support at $1270 which is a 38.2% retracement of last move. Extension may give $1253.0

While Trading above $1288-89 will give new momentum and prices may exceed towards $1300 again and $1310 -13 next.

[fshonest]

gold forecast:
now gold is in moving down to the support area around 1257
current price : 1269
short sell with take profit at 1258.6
stop loss at : 1274
good luck

[RaKalan]

The gold also look bull . this same with silver,
The important level is on 1298.56. be ready to be buyer if 1298.56 was break by next buyer.

[gbp]

time frame- M30
the gold break the strong resistance at the 1263.50 level and moving up but the up movement is rejected fromt he 1296.00 level. the price is also break the support at 1281.00 level and moving down side. the price will again move to the 1263.50 level and if this is break then it will be falling to the 1223.00 level. short with the stop loss at 1300.00
good luck

[Mohit]

This market controlled by many big leaders and also management leader.forex income is very important.because forex income comes i just focust on my trading and earning so i dont have any interest about controlling of market.Forex promote is the leading promote in the planet.So it is not doable to control it by a assemble in India...

[omar555ak]

Gold price is now down trend. The price already breakout daily pivot point (1282.93). I think the price may touch Fibo 50.0 level.

[vetman85]

As you see in my following chart, the price of the gold traded between a high of 1299 and a low of 1259, closed at 1286. Today the metal trades above the support level of 1261.
Upside Scenario: If the support level of 1261 holds, a rise to the levels of 1295, then 1310 could be seen.
Downside Scenario: Breaking below the support level of 1261 could push the metal down into the levels of 1250, then 1238

[sumonbaf]

Gold analysis for 07.12.2013 by using pivot indicator.

r3: 1342.43
r2: 1320.47
r1: 1302.98

pivot: 1281.02

s1: 1263.53
s2: 1241.57
s3: 1224.08

[open4all]

gold market analysis by using : average directional movement index wilder(14) & average directional movement index(14)

adx wilder(14) level

style : 38.74
+di : 23.64
-di : 19.30

adx(21) levels

adx : 19.54
+di : 14.42
-di : 26.70

time : 0700
date : 12.07.2013
timeframe : 1 hour

[fshonest]

forecast for today 12 july 2013
gold price is still moving between 1280.00 and 1288
still there is no opportunity seen for long entry, we should wait at the moment.
good luck...