Gold

[ng1985]

pair- gold
time frame to analysis- m30



the price is break the support at 1255.30 level and moved to lower support 1231.70. the macd indicator is again up trend side but price is not able to break resistance at 1245.80 level and again down side. this may as correction. hold the short entry with stop loss at 1250.00
good luck

[pritishahfx]

Gold loses the positive momentum

Gold price continues to fluctuate above 1238.30 level, showing weak trading that pushed stochastic to lose its positive momentum, which forms negative factor that we are waiting to push the price to decline again, as the negative effect of the double top pattern that appears on chart still valid, which its full targets reach 1200.00.

The EMA50 continues to push negatively on the intraday trading to support the suggested decline, which activating it requires breaking 1238.30 level besides holding below 1252.00 and 1267.00 levels.

Expected trading range for today is between: 1213.00 support and 1252.00 resistance.

Expected trend for today: Bearish

---------- Post added at 08:00 AM ---------- Previous post was at 07:57 AM ----------

Gold Morning Technical

The metal moved slightly to the upside yesterday and is trading in a slight bullish bias. But negativity is still available and the possibility of bringing the downside move is valid today in light of trading below the key resistance that started at the top 1387.00. Trading below 1265.85 is negative as it favors breaking 38.2% correction at 1240.15 to move towards 505 correction at 1219.40.

RSI is trading below line 50 and MACD is trading in a bearish bias. Linear Regression Indicators are trading negatively supporting the possibility of extending the bearish correctional move.

[fxbirati]

My friend we know Gold trading is really tough todays and I love to trade with Gold sometimes when price goes down to 50$ or something and I buy gold for that day for reboud hope, That is why I love to trade with this precious metal because one day it will increase .

[forex trading]

gold downtrend start by trying to test support at 1235.55 area. Break down this area could bring down even further gold to next support line at 1230.65. While the resistance area at 1255.80.

[pritishahfx]

update for Gold

Gold price shows slight bullish bias since morning affected by stochastic positivity, while the recent trading is confined inside a minor bullish channel that we believe it forms a continuation flag pattern that supports resuming the expected bearish trend for today, thus, breaking 12387.30 is required to push the price towards our main waited target at 1200.00.

We remind you that breaching 1252.00 followed by 1270.00 will stop the negative overview and push the price to rise again.

Expected trading range for today is between: 1213.00 support and 1250.00 resistance.

Expected trend for today: Bearish

[mianshabbir01]

GOLD Analysis & Signals 09/02/15

Order BELOW
SELL LIMIT
Sell at 1252.12
Take Profit at 1242.05
Stop Loss at 1257.00

[pritishahfx]

Gold under the negative pressure

Gold price ended last Friday’s trading below 1238.30 level, which forms more negative pressure that supports continuing the bearish bias in the upcoming period, as the negative effect of the double top pattern that appears on image begins, which its full targets reach towards 1200.00.

The EMA50 forms negative factor now and supports the suggested decline, which will remain valid and active unless the price managed to breach 1252.00 followed by 1270.00 levels and hold above them.

Expected trading range for today is between: 1213.00 support and 1250.00 resistance.

Expected trend for today: Bearish

[forex trading]

gold uptrend start by trying to test support at 1230.55 area. Break down this area could bring down even further silver to next support line at 1220.45. While the resistance area at 1260.50

[ashraf55]

To day support and resistance date.9/2/2015
Resistance 1:1150.75
Resistance 2:1154.95
Resistance 3:1159.45
Power pivot:1144.80
Support 1:1136.50
Support 2:1132.25
Support 3:1128.15
Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.

[pritishahfx]

Update: Gold continues its pressure

4H
Gold price closed the last four hours candlestick close below 1252.00 level, to activate the bearish trend on the intraday basis, and we notice breaking another support barrier represented by 1238.30, which opens the way to continue Gold price losses in the upcoming period to target 1200.00 level.