Gold

[BURHANFX]

http://prntscr.com/4ybov8
analysis for today 10 / 21 / 2014
GOLD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1239.80
Retracement (50%) 1241.44
retracement (61,8%) 1243.08

Extensions (61.8%) 1225.86
Extensions (100.0%) 1220.53
Extensions (138.2%) 1215.20
Extensions (161.8%) 1211.92
calculation based on a Fibonacci retracement then today I choose sell

[RaKalan]

The price of gold was able to finish yesterday's trading above the 1240.50 level, to get a positive incentive supports stop the negative pressure that dominated the recent trade, awaiting the resumption of the bullish tendency to target areas mainly 1286.00.
SMA 50 continues to provide support to the price from the bottom, with attention to the need to stabilize above the 1231.00 level is a precondition for the continuation of the bullish wave proposed.
The trading range for today is between: Support and resistance 1231.00 1265.00

[ng1985]

pair- gold
analysis time frame- m30



the price is moving up side with breaking the resistance trend line and other higher resistance at 1248.80 level. this up movement is rejecting from the daily resistance at 1251.80 level. the price may make a pull up so hold the long entry with the stop loss at 1240.00
good luck

[ANDRIAS]

http://prntscr.com/4y8g0s
analysis for today 10 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GOLD on the date 10 / 20 / 2014
OPEN 1238.58
HIGH 1248.41
LOW 1234.47
CLOSED 1246.49

The third resistance (R3) 1248.41 - ( 1243.12 - 1234.47 = 8.65 x 2 = 17.31 )= 1265.72
The second Resistance (R2) 1243.12 + 1248.41 - 1234.47 = 1257.06
First resistance (R1) 1243.12 x 2 = 2486.25 - 1234.47 = 1251.78
pivot points 1248.41 + 1234.47 + 1246.49 = 3729.37 / 3 = 1243.12
Support for the first (S1) 1243.12 x 2 = 2486.25 - 1248.41 = 1237.84
Support second (S2) 1243.12 - ( 1248.41 - 1234.47 = 13.94 ) = 1229.18
Third Support (S3) 1234.47 - ( 1248.41 - 1243.12 = 5.29 x 2 = 10.57 )= 1223.90

[achyut]

Daily forecast: GOLD 21 Oct. 2014.

Technical analysis for Daily forecast of GOLD 21 October, 2014. In Daily chart GOLD shows bullish trend. At present GOLD breaks 1st resistance level and going towards the 2nd resistance level. If 2nd resistance level breaks then next strong resistance level is 1274.41.

Pivot: 1243.13

Resistance levels

R1 1251.79
R2 1257.09
R3 1265.75
R4 1274.41

Support levels

S1 1237.83
S2 1229.17
S3 1223.87
S4 1218.57

[clark]

As you can see on the chart of XAUUSD the prices is now lower than the EMA line of 15 which could be used as a good sign of bearish trend for today.
Also the power line indicator is now above the 50 level which indicates a good upward direction signal.
One important thing else is the power momentum indicator which as you can see show a high power of the bearish trend which can be used to filter the entry of sell positions.
.

[maggie]

the XAUUSD pair for today seems to be on bullish trend according to the green color of the Super trend which is my main indicator to determine the market direction.
Also the Nonlog dot is blue colored which indicate a buy signal by the way.
Now the signals show a week bullish trend and a buy trades can take a place as soon as the Nonlog indicator changes to confirm the direction.
For the stop loss area I think there are 2 ways to exit if the super trend changes its color to be red or if the price hits the support at the area of 1246.3 which may mean that the bullish direction is over.

[ali90]

After taking a quick look on the chart of XAUUSD first thing you have a good buy signal on the Henkin Ashi and up arrow on the chart In the same time a buy signal occurs on the trend session indicator by showing a blue bar at the last candle In additional to a buy cross taking a place on the trend following indicators Snake and T3-Clean which may be a good signal to open a buy possitions at any good place If you decided to buy you should keep an eye on the level 1247 as the price bounced from it the last time then you can consider it asa your first resistance to close your order once hitting it

[troykilson]

A week bullish trend take a place on the hourly chart of the XAUUSD as the Blade oscillator is now at 2.008 area above the level of balance and at the same time the indicator is blue colored which is a week indication of bullish direction on the short term. On the chart itself you can see the moving average 5 sloping UP and then you can consider the last bottom drawn by it at 1245.99 as a good stop loss if you need it in case of buy orders which is very advised according to the indicators signals.

[aliali1]

A bullish trend is now in action as you can see the green arrow shown on the hourly XAUUSD chart at the current time which is supported with a bottom located at 1233.65 which can be also used as a very strong support that the price shouldn�t go below it if the bullish trend still strong.
Also the parabolic sar dots is showing below the candles which is a sign that the price is heading up for a while.
when buying trades take a place I think then the resistance 1248.4 can be a good area in order to close some open positions as the price has a good chance to go south after hitting it.
.