Friday, 2 August 2013

Gold News

Intraday Trend- Buy is advised above 28876.2 with a stop at 27864.9 Below 27566.2 go for sell with stop at 28576.3

Intraday Resistance of GOLD are 28464 : 28666.6 : 28472.5 : 28507.7

Intraday Support of GOLD are 27976 : 27773.4 : 27968.6 : 27933.8

Thursday, 1 August 2013

Gold news

Intraday Trend- Buy is advised above 28862.9 with a stop at 27852 Below 27553.5 go for sell with stop at 28563.2

Intraday Resistance of GOLD are 28506.2 : 28805.3 : 29301.9 : 28459.5 : 28494.6
Intraday Support of GOLD are 27907.8 : 27608.7 : 27112.1 : 27955.6 : 27920.9

Wednesday, 31 July 2013

Gold news

Intraday Trend- Buy is advised above 29151.5 with a stop at 28453.8 Below 28260.1 go for sell with a stop at 28956.9

Intraday Resistance of GOLD are 29093.3 : 29415.6 : 28959.7 : 28995.1

Intraday Support of GOLD are 28316.7 : 27994.4 : 28451.4 : 28416.4

Tuesday, 30 July 2013

Gold Technical Analysis

Gold Technical Analysis (Spot) Prices put in a Bearish Engulfing candlestick pattern below resistance at the top of a rising channel set from late June, hinting a move lower is ahead. Channel bottom support is now at 1312.15, with a break beneath that initially targeting the 23.6% Fibonacci expansion at 1273.98. Channel resistance is now at 1379.51.
Commodities_Oil_Gold_May_Find_Lifeline_in_Soft_US_Economic_Data_body_Picture_4.png, Crude Oil, Gold May Find Lifeline in Soft US Economic Data

Monday, 29 July 2013

Gold news

Intraday Trend- Buy is advised only above 28834.8 with a stop at 27970.8 Below 27721.2 go for sell and put stop at 28584.2

Intraday Resistance of GOLD are 28527.1 : 28777.3 : 29192.5 : 28529.8 : 28564.9
Intraday Support of GOLD are 28026.9 : 27776.7 : 27361.5 : 28025.3 : 27990.5

Gold Technical Analysis

Gold Technical Analysis (Spot) Prices broke resistance at 1297.75, the 38.2% Fibonacci retracement, and moved to challenge the 1334.08-49.27 region marked by the 50% Fib and a rising channel set from late June. A further push higher beyond that aims for the 61.8% retracement at 1370.40. The 1297.75 level has been recast as near-term support.
Commodities_Crude_Oil_Gold_May_Rise_if_US_Data_Proves_Disappointing_body_Picture_4.png, Crude Oil, Gold May Rise if US Data Proves Disappointing

GOLD NEWS & TREND

Intraday Trend- Buy is advised only above 27818.2 with a stop at 27510 Below 27444.3 go for sell and put stop at 27752.2

Intraday Resistance of GOLD are 27726.6 : 27806 : 27880.9 : 27915.6
Intraday Support of GOLD are 27535.4 : 27456 : 27382.2 : 27347.8