-
Gold confirmed that this pair really made bullish trend movement after successfully broke upper side triangle and higher barrier level 1736.69 it means this uptrend movement become strong uptrend so better put pending order buy limit above higher barrier level to wait small correction for Gold before bullish contiuing
-
-
1780.98 become critical point level for Gold, because pair can continue this bullish movement if successfully break above this barrier level so buy stop above here but it also become reversal direction to bearish trend so better to put pending order sell stop below lower barrier level 1732.17
-
-
this pair still in the centre between upper channel and lower channel it mean this pair still in strong consolidation zone to continue bullish trend if pair successfully break above higher barrier level 1786.81 so better to put pending order buy stop above this higher barrier for this uptrend movement
-
-
-
-
Moderator
-
-
-
-
-
-
XAU – USD
It should trade higher to 1670.01 while 1654.91 or 1649.94 offers support. Stop loss below 1644.98 zone.
-
-
XAU – USD
Uptrend is still intact. It should continue to rally to 1679.70 or 1689.45 if supports at 1662.22 - 1658.36 area hold. Stop loss below 1654.50
-
-
Res 2 1,671.62
Res 1 1,658.22
Pivot 1,643.25
Sup 1 1,629.85
Sup 2 1,614.88
It may attempt a test higher to 1650.74 - 1658.22 after which weakness may set it to a drift down to 1629.85 limit
-
-
In Profit
Today's Pivot: 1687.00
Plan A Most Likely: SHORT below 1687 with targets @ 1671 & 1663.
Plan B Alternative : Buy above 1687 with targets @ 1697 & 1705.
Comment: the price has struck against the declining 50 moving average.
-
-
-
-
gold is down it will wait until he consolidating will up again and take to 1.6330
-
-
Gold hard to up from this friday T.T take sideways form 1582.60
-
-
Gold investors are the least optimistic in 5 weeks as due to political problems in Europe. All gains of 2012 have been lost recently as investor turn to USD seeing stronger-than-expected US economic growth.
Gold had risen 14% percent to $1,792.70 by Feb. 28 on the Comex in New York, before falling to $1,585 today.
Bullion reached a record $1,923.70 in September 2011. Prices have since fallen as as the USD became the safehaven asset. Barclays lowered its 2012 forecast by 8 percent to $1,716 yesterday because of political problems and mounting debt in Europe and concern that Asian (especially Chinese) economy growth will continue to slow.
Last edited by Rizal; 05-14-2012 at 01:43 PM.
Reason: remove link
-
The Following User Says Thank You to mariorot For This Useful Post:
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
| |
Calendar |
 |
|
| We Buy | We Sell |
| $1.4092 | $1.4528 |
|