Gold

[Muneer7171]

Gold ka 1 bahut strong resistance lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega..
So for gold i would recommend you guys to wait and watch

[Muneer7171]

we can see that the gold has closed it's daily candle above 1750.00 exactly beside 1765.00 so , that's means that up trend is expected and the pair might head to 1780.00 and then 1790.00 ,but also the hourly correction is expected before continue in the up trend

[ah16]

Gold prices extended Friday's losses into Monday after investors stocked up on the precious metal's hedge, the dollar, in wake of soft U.S. housing data and a lack of direction on Spain and its plans to request a bailout or not.

Japanese trade balance data and soft U.S. third-quarter earnings reports pushed gold lower as well.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.18% at USD1,720.85 a troy ounce, up from a session low of USD1,718.65 and down from a high of USD1,721.15 a troy ounce.

Gold futures were likely to test support at USD1,716.95 a troy ounce, the earlier low, and resistance at USD1,744.25, the earlier high.

A risk-off trading session sent gold falling.

U.S. existing home sales fell in September but in line with expectations, industry data revealed on Friday.

In a report, the National Association of Realtors said that home sales fell 1.7% to 4.75 million from 4.83 million in August, whose figure was revised up from 4.82 million.

Analysts had expected existing home sales to fall to 4.75 million last month.

While in line with expectations, the report watered down appetite for risk and sent investors chasing the dollar, ditching higher-yielding currencies and gold in the process.

Earnings fueled the risk-off trading session even more.

Microsoft reported last week that its third-quarter net income fell 22% to USD4.47 billion, which missed expectations, while revenue fell 8% on year to USD16.01 billion.

General Electric, meanwhile, reported earlier that its third-quarter net income rose 8% to USD3.49 billion, while revenue rose 3% to USD36.35, missing market expectations.

Search giant Google released earnings earlier than planned late Thursday, which sparked confusion, and missed estimates as well.

Uncertainty out of Spain continued to pressure the yellow metal down as well.

Spanish Prime Minister Mariano Rajoy said his government felt it was under no pressure to seek a bailout, which pushed the euro down further.

Requesting financial assistance would allow Spain to tap the European Central Bank's bond-buying program, which would lower yields in Spanish government debt auctions and ease credit conditions in the country.

Japanese trade figures boosted the dollar and weakened gold as well.

In a report, the Ministry of Finance said that the country�s trade balance fell to a seasonally adjusted -0.98T, from -0.46T in the preceding month whose figure was revised up from -0.47T.

Analysts had expected the trade balance to fall -0.74T last month.

Elsewhere on the Comex, silver for December delivery was down 0.42% and trading at USD31.962 a troy ounce, while copper for December delivery was up 0.18% and trading at USD3.639 a pound.

[SA153P]

My analysis of the pair Gold

today trend is: sell


Resistance level is :

1- Resistance : 1276.33
2- Resistance : 1280.45
3- Resistance :1281.69


Supporting level is :

1- Supporting : 1274.40
2- Supporting : 1271.21
3- Supporting : 1269.08

[AlluluWalmarjaan]

Gold Today's Technical Analysis:

Market Trend: Bullish
Current Price; 1276
Moving Average: Buy

Technical Indicators:
STOCHRSI (14) Value: 56.883
STOCH (9,6) Value: 48.579
RSI (14) Value: 24.692

Technically Overviews:
Support 1: 1273
Support 2: 1270
Support 3: 1267
Resistance 1: 1277
Resistance 2: 1279
Resistance 3: 1282



NOTE: "Money and Risk Management are very Essential in Forex. Always follow your Own Rules and Strategies".

[Shakir]

Gold thread ki technical analysis today.
Trend=buy
Resistance and supporting
Resistance 1=1278.46
Resistance 2=12782.12
Resistance 3=1284.13

Supporting 1=1276.14
Supporting 2=1276.44
Supporting 3=1276.18

[Shakir]

Gold thread ki technical analysis today.
Trend=buy
Resistance and supporting
Resistance 1=1278.46
Resistance 2=12782.12
Resistance 3=1284.13

Supporting 1=1276.14
Supporting 2=1276.44
Supporting 3=1276.18

[saumya]

5 Hours analysis about trend is sell

Pivotal Points: 1277.20

Resistance and Supporting level is :

1> Resistance is : 1278.45
2>Resistance is : 1279.15
3>Resistance is: 1280.40


1> Supporting is : 1276.50
2>Supporting is: 1275.25
3>Supporting is: 1274.55

[buttar]

Gold will raise upto 1650-1660 levels and then we see some huge fall to retrace the Big raise in last few days and then we can target 1700 levels in some couple of months

[Shahzadahmed4850]

Daily analysis of the pair Gold

today trend is: buy


Resistance level:

1- Resistance : 1278.90
2- Resistance : 1285.99
3- Resistance :1286.30


Supporting level :

1- Supporting : 1266.50
2- Supporting : 1264.12
3- Supporting : 1261.06