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Thread: Gold

  1. #7326
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    analysis time frame- m30



    the up movement of the price is having strong resistance at the 1205.00 level and its moving down side. if the price is break the lower supporting trend line at 1195.00 level then short with profit target at 1177.40 and stop loss above the 1210.50. the macd is also giving down trend movement.
    good luck.

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  2. #7325
    Member Shivam is on a distinguished road Shivam's Avatar
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    We will see 1230 soon according to Daily chart. Here is the projected target for Gold on Daily chart.

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  3. #7324
    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:


    Daily Forecast

    Pair: GOLD
    Major Trend: Bullish
    Time Frame: H1
    Reason: To pivot point at 1198.47 which has been corrected, the predicted price will retest the resistance at 1206.50, if the price is broken, then the price would be to 1211.46. RSI is still leaning sideways over the line 50. While the Stochastic inclined to perform a sell recommendation.
    Recommendation: Buy with a target of 1206.50

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #7323
    Senior Member wench is on a distinguished road wench's Avatar
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    the price seems to move in upward trend today on the XAUUSD chart as there are a blue dots below the bars and as long as the price keeps higher than the strong support of 1158.3167 which is also the weekly Pivot point then it seems that the price may keep going north till it can hit the weekly pivot resistance at 1205.7567 .
    In other scenario if the price can break the support 1158.3167 and get a bearish signals by a red dots then its expected to keep going south till the support of 1128.3133 as the next weekly Pivot point.
    .

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  5. #7322
    Member Ex.ness Support is on a distinguished road Ex.ness Support's Avatar
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    21.11.2014 7:07 XAUUSD
    GOLD: growth after the publication of the US consumer price index

    Buy on a level breakthrough of 1204 with 1221 target. Stop loss = 1190.

    Reason for the trading strategy

    In October, the US Consumer Price Index remained unchanged at 1.7% per annum. The data reflect a moderate inflationary pressure in the US, which still falls short of the 2% level, targeted by the US Federal Reserve. In the short term, against the background of the US dollar's weakness, the precious metal is likely to grow up to 1221 dollars.

    GOLD, H4

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  6. #7321
    Senior Member ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985 is a glorious beacon of light ng1985's Avatar
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    pair- gold
    analysis time frame- m30



    the price up movement is rejecting down side from the resistance at 1196.20 level but lower side hold at the pivot point support 1189.00 level. if this is break support then its down movement can expected to the 1178.00 level. hold the short entry with stop loss at 1210.00
    good luck.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #7320
    Senior Member hmmo is on a distinguished road hmmo's Avatar
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    For today's analysis on the XAUUSD since we can see that the price located below the level 1194.98 colored in blue which can be considered a balanced point according on the MBFX indicator.
    On the other hand the vestro indicator is showing us a bearish saturation as its last signal.
    down in this situation targeting the next MBFX level located at the support of the price 1186.25 which could be our primary selling target and if it kept going on the same pace then the support located at 1180.86 could be considered as our secondary target but in case the price breaks the level 1203.71 then this would be the time to start thinking about buying orders as the price will stop heading down

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  8. #7319
    Senior Member osos is on a distinguished road osos's Avatar
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    The selling signal appearing right in front of us today on the XAUUSD 1 hour chart the red arrow which is the last signal shown by the EMA crossover indicator using 2 exponential moving average lines of non-similar shifts.
    A sell signal is being performed when the red line becomes located below the blue one.
    The QQE indicator will be giving me a filtering signal by showing us a sell cross when the lines go above the fifty levels.
    sell is the order I'll be choosing to target the level 1197.35 which is a support or the other option when a buy cross is created by the 2 exponential moving average lines.
    .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #7318
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    As you can see on the XAUUSD chart in front of us the blue lines position in the moment indicator is below the red line which means a good selling signal should be occurring.
    also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
    The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward signal would be taking place in short term trades.
    Summing all that up in my opinion I do think that the trend would be taking a downward direction but that can only happen if the moment sell cross was taking place on the chart And as long as the ATR indicator keeps showing selling signals then without doubt the sell trades would be a better choice for entry.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #7317
    Banned samoo is on a distinguished road samoo's Avatar
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    On the XAUUSD a bearish cross is currently taking place between the 9 and the 152 EMAs indicating by that the possibility that the price will be heading south soon.
    After monitoring the histogram indicator we can notice that a red line is starting to take shape forming by that a bearish signal for the pair by being located under the 0 histogram level.
    As for the market emotion indicator which is giving us a red line meaning by that that the price will be starting to fall to reach lower prices.
    On the guru angle indicator we can notice that the slope is currently moving above the 0 level colored as green indicating by that a bullish direction now.
    Clearly we can see that the price might be heading south in order to test the next support located at the price 1192.49 that's why I do recommend that as long as the indicators keep showing the same signals we should go with sell orders.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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