XAU/USD (Gold)
Page 1 of 128 123451151101 ... LastLast
Results 1 to 10 of 1278

Thread: XAU/USD (Gold)

  1. #1
    Super Moderator Hamster's Avatar
    Join Date
    Jan 2013
    Posts
    41

    XAU/USD (Gold)

    Thread for XAU/USD discussion - latest news, technical analysis, forecasts and opinions.
    Nothing personal, rules only.

  2. #2
    Super Moderator Gamer's Avatar
    Join Date
    Jan 2013
    Posts
    9,039
    xauusdweekly.png
    Time Frame :1W
    For the GBP/USD , it trying lot of time but after losing much momentum last month it not able to get ssurvive and still under pressure , we got doule top last week and market gives respect it so , if price remain under 1.5400 we would see again the bearish runs

  3. #3
    Super Moderator Gamer's Avatar
    Join Date
    Jan 2013
    Posts
    9,039
    xauusddaily.png
    Time Frame:1D
    After couple of days in strong bearish trend , yesterday market tried to make the 23.6 fib level and price try to break through but couldnt hold it , since market opens we are in below 23.6 fib level and we can see a more bearish would run as long prices below the moving average

  4. #4
    Super Moderator Gamer's Avatar
    Join Date
    Jan 2013
    Posts
    9,039

    Gold is now doing some correction for the upper side , so more likely after usd bad data people are interested in buying gold , but after breaking 1397.99 level bulls comes in strong positions

  5. #5
    Registered user
    Join Date
    Feb 2013
    Posts
    2
    gold weekly goldweekly.png
    Last edited by masterfx; 05-18-2013 at 05:57 PM.

  6. #6
    Super Moderator Gamer's Avatar
    Join Date
    Jan 2013
    Posts
    9,039

    Current candle in weekly chart does not have the lower shadow , looking for bulls pattern but the zone for the market 1.369.00 and 142.60 both are hard for the market , market wondering here since two weeks so if nfp going well for usd we would see that gets back to downward movement

  7. #7
    Super Moderator Gamer's Avatar
    Join Date
    Jan 2013
    Posts
    9,039

    as we can see that Gold is testing this year low once again, showing total control of the bears in the market , after this level breaking Gold has no support nearly , but the more chances , market will stall here and bounce back , 1336.75 is much critical , buyers can participate with protective stop loss

  8. #8
    Super Moderator Gamer's Avatar
    Join Date
    Jan 2013
    Posts
    9,039

    the 1276.96 support is still valid for the buyers , and we can see market already gaining strength above of this level , stochastic already expand yesterday , but as we can see today market is showing upward direction , more likely Gold will gain strength today, but overall trend is still bearish

  9. #9
    Super Moderator Gamer's Avatar
    Join Date
    Jan 2013
    Posts
    9,039

    23.6 is the level where market stall and then after market goes to the level 1259.xx where current candle downward , the gold is a heavy pressure of selling making year new lower , so overall trend is bearish

  10. #10
    Super Moderator Gamer's Avatar
    Join Date
    Jan 2013
    Posts
    9,039

    seem like today market pivot is likely turns for the market as the resistance as you can see in the chart , our daily pivot area is the 1241.73 and market neglecting to hold above it and comes down , since market bias is bearish so we can have sell position

Page 1 of 128 123451151101 ... LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •