All Majors and Gold

Weekly 23.60% from Low pulled it up [so far] = 1209.1
Yes, and then the 61.8% from High giving Support.
Cheers,
U2

5m Chart

Is it possible to touch 1221 today?

61,8% what is the price level?

Gold : Its GOOD point to Gain some Green PipXxX .................
Buy Gold and TP 1225 and 1235 For Short Term


Best of luck Gold Never Hurt you

Yes it is, TP hit, thank you very much!

it might go up this coming sunday until 1235....we dont see it tonight...

G what about your analyse about gold?
I think gold finish the retracement stop in 1208 is Fib 11.5% exactly same with previous drop in 22 may n going for up until Fib 38%
Which this time will be around 1265-1270

Try upload chart to explain better

usually, NFP result will continue.....

1. @rythmrig : Those are some nice indicators you have for your MT4 there. Would you mind sharing a few names? Especially interested in the trend direction , and UP/DOWN ones.

Thanks!

This is the chart, haha sorry take a while. Planning to buy low on 1212-1215 but didnt reach miss the train zzz
but i think below 1220 still worth shot to go to minimum low target 1265-1270 or high target 1290- 1300

EURUSD daily

Now is the time to sell XAU USD - this is the point from where it will be going directly to 1120.

All bears would understand. 1263 to 1272 is the area from where a perfect short position could be established.

Cheers.

GOLD : Today Market Will Confuse But Over All Sell Is The Best



Best of Luck Gold will Hurt you Guys

already prepare short order.....

For all those readers who want to go by the logic and aren't speculating:

1) How many long positions benefited you guys during the last three months?
2) How many shorts worked out well for you?

The answer is very simple - long positions could make your account tumble and they have done that in the past few months, however short positions always benefited.

Now logic or speculation? Your decision...I am looking at 1120 for this week's closing.

Cheers,
KAH

And tomorrow there is an announcement from bernanke. It seems like 11xx is possible.

There you are - that's exactly what I am saying with a stop of 1272 shorting gold is worth it.

Falling below 20.35 – the first technical objective- alongside with the negative crossover of Tenkan-Sen and Kijun-Sen could assist bears to resume their southern trip.

Moreover, Chikou Span is still stable below the aforesaid resistance level reinforcing the bearish scenario softly targeting July 2010 levels at $17.30 per ounce, while the main technical objective of this study resides at the psychological level of 15.00.

Notes:

1. Tenkan Sen (red line) represents the average of highest high and lowest low for the past nine periods) has crossed over negatively below Kijun Sen(blue line which is the base line and is derived by averaging the highest high and the lowest low for the past 26 periods) in the third week of January. This is the first bearish sign we can get from the indicator over medium term basis although gold is currently attacking it.

1. Chikou Span (green line) is a lagging line that represents the last closing price plotted 26 periods behind) has also breached Tenkan and Kijun Sen in the second week of August 2012 and this is the second negative sign.

1. Senkou Span (cloud) Contains two types of clouds; the first is the up Kumo which is calculated by averaging the Tenkan Sen and the Kijun Sen and plotted 26 periods ahead. The second is the down kumo and is determined by averaging the highest high and the lowest low for the past 52 periods and plotted 26 periods ahead. It has covered the price since the second week of February 2013 and this is the third bearish sign over weekly basis.