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Xausd

xauusd in dander area that we think will going to broke &shortWe find touching @1256.86 and retesting this price agine AND in other side we also find same resistant @1274.39 BUT depending on basic and news analizy i think we will see broke and SHORT enter @1256.86 with main target @1248.09 ----------------------------------------------- hope happy tarading for all you can find me also in : twitter & instagram : @meshaltrainer snap : fk-forex business inquiry : 9aboon@gmail.com
FX:XAUUSDShort
by meshaltrainer
Daily Market Technical Report - XAUUSDOVERVIEW : Gold prices ended the session solidly higher and scored another three-month high Wednesday. We feel that the market will more than likely trying to reach towards the $1150 level. Technically market is looking strong on chart and prices is trading above the resistance trend line in its daily chart. In 4 hourly chart, prices is sustaining above its support of 200 and 50 DMA with appearance of golden cross. It is having an important resistance of 1150 and support at the level of 1122. If it sustains at current levels then we can expect it to show further upside movement in Gold prices. INDICATORS :- MACD is sustaining in its positive territory indicating the bullish trend in the prices. STRATEGY: Gold is looking bullish on charts for next few trading session. One can go for buy on dips level strategy for intra day to mid term positions in it. www.tradingsignalreviews.com
FX:XAUUSDLong
by piponomics
1
A good time to buy?with all the stuff that is going on in this world currency wars and stuff.. im looking to long gold technically :- - RSI showing a good bullish divergence on weekly chart - Gold is near to Multiyear trend line *brown Line - Gold is Approching the end of a channel in Blue line will hold gold as i believe gold is a matter of time before exploding to the upside with a target 1400-1500 in the future maybe more.. even if it break the brown trendline im still looking to buy
FX:XAUUSDLong
by fizie.Fx
Gold is bottoming, bullish above $1200Gold prices are likely bottoming after having retraced a big chunk of the January rally this month. Looking at the XAUUSD chart over the past two and a half years, prices have started to bounce off an old bearish trend line that was broke through at the start of the year. There's also a bullish trend line coming in at the $1190 level. Technicals suggest that a bounce in gold prices could target at least $1230 in the beginning of March, but I think the market could work its way back up to $1250 so long as the dollar continues to consolidate. After Yellen's testimonies this week, I find that the greenback faces downside risk as economists and traders are likely to push back their aggressive forecasts for a rate hike before September. A bearish reversal in the dollar market would bolster the upside potential for gold in March, and that could allow it to rally all the way back up to $1300. Note however that we'd need to see a break above the January highs before being able to expect a true gold rally over the long term. I am bullish above $1200.
FX:XAUUSDLong
by ABRAK75
1
Two shorting possibilities on Gold (XAU/USD)Price action behaviour, although still within the ranging within the levels 1240 (key support) and 1320 (resistance), is showing bearish signs with a few rejection candles and closes below 1312 at the uppermost resistance zone (~1312 - 1320) before sinking further producing a new low below the 1280 support area. After a modest burst of downward momentum, it would be fair to assume a temporary pullback, given the bullish reversal bar of Friday's close (22nd August 2014), perhaps to the previous structure of resistance (~1293) which falls between the 0.382 Fibonacci retracement level and 0.5 retracement level, clearly closer still to the 0.382 Fibonacci level. If price is to perform this pullback, it would be important to look for bearish continuation signs (high test/shooting star/inverted candle) within this area. However, looking at Friday's bullish reversal candle as a very shallow pullback, and Monday's bearish reversal candle, and inside candle close below 1280 also offers a shorting opportunity. Depending on how/when this commodity is shorted and price action plays out the target remains at key support at 1240. There is healthy convergence on both Stochastic and RSI, with the caveat that a reversal is due from oversold territory. In summary: Case 1: wait for pullback to1293 and look to short Case 2: short today's inside candle close for potentially aggressive sell off to 1240 with either stop above the mother candle or conservatively above 1293.
FX:XAUUSDShort
by amanpaulbhogal