Xau/Usd : 03/09/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1138 levels for the target 1120 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily chart :- Gold was trading in the triangle pattern and trading near the lower trend line, If gold breaks lower trend line means we can except upto key support level 1120, we can sell near intraday resistance levels,
In 4 hour chart :- Gold was testing the lower trend line, After testing back from key resistance level the gold was closed on lower side so we can except that to break on lower trend line :- which we have shown in attached image.
In 1 hour chart :- Gold was broken the equidistant channel lines on lower side so its confirming for the selling side , so we can sell near intraday résistance levels upto next key support levels.
Xau/Usd : 17/09/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1115 levels for the target 1127 & 1132 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily chart :- Gold was broken the triangle pattern on upper side and its moving towards upper side, after testing the lower trend line and its was bounced back and its was closed on higher side so its confirming for the buying zone :- which we have shown in attached image.
In 4 hour chart :- Gold was broken the upper trend line and now its moving with new triangle pattern so we can buy near intraday support levels :- which we have shown in attached image.
In 1 hour chart :- Gold was trading in the new equidistant channel lines with strong support levels, so we can buy near intraday support levels upto next key support levels.
Xau/Usd : 18/09/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1124 levels for the target 1132 & 1138 levels.
Alternative Scenario: Nill
Technical Commentary :- In Daily chart :- Gold was trading in the long term triangle pattern, yesterday gold was broken the key resistance level 1120 and it was moving with strong lower trend line so its confirming for the buying zone :- which we have shown in attached image.
In 4 hour chart :- Gold was broken the triangle pattern on upper side of upper trend line so this upper trend line acting as now key support level so we can buy near intraday key support levels :- which we have shown in attached image.
In 1 hour chart :- Gold was broken the equidistant channel lines on upper side and key resistance level so we can buy near intraday support levels upto next key support levels
Xau/Usd : 22/09/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1139 for the target 1130 and 1122 Levels
Alternative Scenario: Buy above 1143 level for the target 1150 and 1160 levels
Technical Commentary :- In Daily chart :- Gold was trading in the long term triangle pattern and now it was trading near key resistance level and trading below new upper trend line so we can keep stoploss above the upper trend line and make move on selling side :- which we have shown in attached image.
In 4 hour chart :-:- Gold was moving with the short term and intraday triangle pattern and now its was trading near lower trend lines so if it breaks means we can except correction upto next key support levels :- which we have shown in attached image.
In 1 hour chart :- Gold was broken the equidistant channel lines on lower side and its trading in the short term triangle pattern lines so if it breaks means we can except correction upto next key support levels :- which we have shown in attached image.
Xau/Usd : 29/09/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1124 for the target 1130 and 1134 Levels
Alternative Scenario: Nill
Technical Commentary :- In Weekly Chart :- Gold was the trading in the equidistant channel lines and its trading with lower trend line and key resistance level 1142 ,If its breaks 1142 levels means we except on buying side for long term.
In Daily chart :- Yesterday gold was closed on lower side with bearish candle and gold was trading in the long tern triangle pattern now gold reached support level, so today we can except on sideways movement between key support level and key resistance levels:- which we have shown in attached image.
In 4 hour chart :-:- Gold was trading in the triangle pattern and its trading near lower trend line and key support levels so we can except on buying side:- which we have shown in attached image.
In 1 hour chart :- Gold was trading in the equidistant channel lines and trading near upper trend line and trading above the support levels so we can except on buying side :- which we have shown in attached image.
Xau/Usd : 06/10/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1136 for the target 1144 levels
Alternative Scenario: Nill
Technical Commentary :- In Weekly Chart :- Gold was the trading in the equidistant channel lines and its trading with lower trend line and its trading below key resistance level 1144 ,If its breaks 1144 levels means we except on buying side for long term otherwise we can except some correction upto next key support levels 1130 and 1118.
In Daily chart :- Yesterday gold was closed on lower side with bearish candle and gold was trading in the long tern triangle pattern now gold reached support level, so today we can except on sideways movement between key support level and key resistance levels:- which we have shown in attached image.
In 4 hour chart :-:- Gold was trading in the triangle pattern and its trading near upper trend line and key resistance horizontal line was coming around 1144 levels so we can except on buying upto key resistance level 1144 :- which we have shown in attached image.
In 1 hour chart :- Gold was formed head and shoulder pattern , In 1 hour the shoulder was coming around 1142 level, If it close we close above 1142 level means we can go head for buy off upto next intraday resistance level 1148 Alternative Scenario: If we got close below the shoulder means we can except on selling side :- which we have shown in attached image.
Xau/Usd : 19/10/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1170 for the target 1180 levels
Alternative Scenario: Nill
Technical Commentary :- In Weekly Chart :- Gold was the trading in the long term equidistant channel lines and last week gold was closed higher side and closed above key resistance level 1170 so we have got good support level of 1170 we except on buying side upto next key resistance level of 1205 levels.
In Daily chart :- Gold was trading near key support level 1170,Now major previous resistance acting as key support level so today we can except on upper side upto next key resistance levels:- which we have shown in attached image.
In 4 hour chart :-:- Gold was trading in the equidistant channel lines and trading above the key support level of 1170 and key resistance horizontal line was coming around 1170 levels so we can except on buying upto key resistance level 1180 and 1205 levels :- which we have shown in attached image.
In 1 hour chart :- Gold was trading in the triangle pattern and trading near lower trend line and trading above the key support level of 1170 levels so its confirming for the buying zone :- which we have shown in attached image
Xau/Usd : 27/10/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1160 for the target 1170 and 1180 levels
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern and key support lower trend line was formed now its was trading near the lower trend line and so today we can except on buying side upto next key resistance level:- which we have shown in attached image.
Xau/Usd : 28/10/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1165 for the target 1180 levels
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern and after testing
the lower trend line yesterday gold was closed on higher side as bullish so today we can except on
buying side upto next key resistance level of upper trend line 1175:- which we have shown in
attached image.
In 4 hour chart :-Gold was broken the equidistant channel lines on upper side and broken the key
resistance of horizontal line 1168 level and we got closing above the resistance 1168 level so its
confirming for buying side upto next key resistance 1175 and 1180 levels :- which we have shown
in attached image.
In 1 hour chart :- Gold was trading in the intraday triangle pattern and its trading with lower trend
line and trading above the key support level of 1168 so we can except next resistance 1175 level :-
which we have shown in attached image.
Xau/Usd : 29/10/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1165 for the target 1145 levels
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was broken the triangle pattern on lower side and yesterday its closed below the lower trend line and now the trend lines acting as the key so today we can except on selling side upto next key support level :- which we have shown in attached image.
In 4 hour chart :-:- Gold was trading in the equidistant channel lines and its trading below the key resistance level of horizontal line 1162 level and its trading below the intraday lower trend line 1163 and we got closing below the support 1165 level so its confirming for selling side upto next key support 1148 and 1140 levels :- which we have shown in attached image.
In 1 hour chart :- Gold was broken the triangle pattern on lower side and its trading below the key resistance level of horizontal line 1165 so we can except next support 1145 level :- which we have shown in attached image.
Xau/Usd : 02/11/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1152 for the target 1142 and 1138 levels
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Last week gold was closed on lower side with bearish candle and now Gold was formed new upper trend line and it was trading below resistance level so we can except on selling side
In Daily Chart :- Gold was trading in the triangle pattern, the upper trend line was coming near 1152 levels so we can sell below 1152 level and its trading above intraday key support 1142 level If the intraday support level breaks means we can except upto next support levels :- which we have shown in attached image.
In 4 hour chart :-:- Gold was broken the equidistant channel line on lower side so its confirming for the selling side and key support level was coming around 1142 and 1138 levels :- which we have shown in attached image.
In 1 hour chart :- Gold was with the upper trend line and key support levels :- which we have shown in attached image.
Xau/Usd : 03/11/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1130 for the Target of 1140
Alternative Scenario: Sell Below 1127 for the target 1118 levels
Technical Commentary:- In Daily Chart :- Yesterday Gold was broken the key support level of the
triangle pattern on lower side 1142 so further we can except upto next key support level of lower
trend line 1120 levels :- which we have shown in attached image.
In 4 hour chart :-:- Gold was testing the intraday support levels 1130 and its trading near lower
trend line If lower trend line breaks means we can expect next support levels 1120 otherwise we
can except some correction upto 1142 levels :- which we have shown in attached image.
In 1 hour chart :- Gold was broken the upper trend line and its trading near key support 1130 levels
so its confirming for the buying side :- which we have shown in attached image.
Xau/Usd : 04/11/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1124 for the Target of 1130 levels.
Alternative Scenario: Sell Below 1118 for the target 1108 levels
Technical Commentary:- In Daily Chart :- Yesterday Gold was reached safely to the lower trend line with bearish candle closing If Further breaks yesterday low means we can except some more selling upto next support levels :- which we have shown in attached image.
In 4 hour chart :-:- Yesterday Gold was broken the lower trend line and key support levels so we can except some more selling upto next key support levels:- which we have shown in attached image.
In 1 hour chart :- Gold was trading below the upper trend line and its trading below the key resistance level, If we got closing above the upper trend line means we can except on buying side :- which we have shown in attached image.
Xau/Usd : 05/11/2015 Technical Analysis Report From Centreforex
Our Preference: Sell Below 1115 for the target 1102 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Yesterday Gold was broken the triangle pattern on lower side and yesterday its was closed on lower side as bearish candle so we can except upto next support level of 1100 :- which we have shown in attached image.
In 4 hour chart :-:- Yesterday Gold was broken the lower trend line and now its trading with new upper trend line so we can sell near upper trend line and hold upto next key support levels :- which we have shown in attached image.
In 1 hour chart :- Gold was broken the lower trend line and its trading in the equidistant channel lines so we can sell near upper channel line and we can hold upto next key support levels :- which we have shown in attached image.
Xau/Usd : 11/11/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1085 for the target 1105 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Last week Gold was broken the equidistant channel lines on lower side so its confirming for selling zone :- which we have shown in attached image.
In Daily Chart :- Gold was reached the previous low of key support 1080 levels and its trading with upper trend line and yesterday its closed like hammer pattern so today we can except some correction from here :- which we have shown in attached image.
In 4 hour chart :-:- Gold was broken the upper trend line so its conforming for the buying side upto next resistance levels :- which we have shown in attached image.
In 1 hour chart :- Gold was trading in the sideways movement between key resistance level and key support level so we can except on sideways movement :- which we have shown in attached image.
Xau/Usd : 12/11/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1089 for the target 1185 and 1180 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was reached the previous low of key support 1080 levels and its trading with new upper trend line and yesterday its closed on lower side with bearish candle so today we can except on selling side :- which we have shown in attached image.
In 4 hour chart :-:- Gold was trading below the new upper trend line and its trading above the key support level so we can sell near upper trend line upto next support levels :- which we have shown in attached image.
In 1 hour chart :- Gold was trading in the sideways movement between key resistance level and key support level and its trading with new upper trend line so we can except on selling side :- which we have shown in attached image.
Xau/Usd : 16/11/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1095 for the target 1185 and 1180 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Gold was trading below the equidistant channel lines and its trading below last week high If we got closing above the last week high means we can gohead on buying side otherwise we can hold on selling side with tight stoploss :- which we have shown in attached image.
In Daily Chart :- last Friday Gold was reached the previous low of major key support 1080 levels and today morning we got gap opening on upper side and its trading near last 5 days high and its trading below the key resistance level of horizontal line so we except on selling side :- which we have shown in attached image.
In 4 hour chart :-:- Gold was broken the upper trend line and gold was trading in the range bound pattern between key resistance level and key support levels :- which we have shown in attached image.
In 1 hour chart :- Gold was trading in the sideways movement between key resistance level and key support level and its trading with new upper trend line so we can sell near resistance level and except on selling side :- which we have shown in attached image.
Xau/Usd : 17/11/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1085 for the target 1180 levels.
Alternative Scenario: Buy above 1179 for the target of 1185
Technical Commentary:- In Daily Chart :- Yesterday Gold was closed on lower side as bearish candle and now its trading in the major support 1080 levels,If gold 1070 levels breaks means we can except on heavy sell zone :- which we have shown in attached image.
In 4 hour chart :- Gold was testing the key support level of horizontal line if horizontal line level breaks means we can except on selling side if not we can except buyoff from support level upto upper trend line and we can except on the range bound pattern between key resistance level and key support levels :- which we have shown in attached image.
In 1 hour chart :- Gold was trading below key support level so we can sell near intraday resistance levels :- which we have shown in attached image.
Xau/Usd : 18/11/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1075 for the target 1162 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Yesterday Gold was closed on lower side as bearish candle and its closed below the major key support level so highly its confirming for selling zone :- which we have shown in attached image.
In 4 hour chart :- Gold was broken range bound pattern on lower side and we got closing below the key support level so its confirming for the selling side :- which we have shown in attached image.
In 1 hour chart :- Gold was trading below key support level and its trading with the lower trend line so we can sell near intraday resistance levels :- which we have shown in attached image.
Xau/Usd : 19/11/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1080 for the target 1168 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading near major resistance level of horizontal
line so we can sell near resistance level and hold upto next key support levels :- which we have
shown in attached image.
In 4 hour chart and In 1 hour chart :- Gold was trading below the key resistance level of horizontal
line and gold was broken range bound pattern on lower side and we got closing below the key
support level so its confirming for the selling side :- which we have shown in attached image.
