[B]Gold/Usd Weekly Buy Entry @ 1241 Stoploss @ 1218 Target Upto 1270 Now Trading @ 1251 ,Centreforex Signal No :-172 Date 13/01/2014.[/B]
[B]Intraday Entry Buy Gold @1380 Stoploss @ 1372 Target 1 : 1392 Target 2 : 1400 Now Trading Around 1383 ( 17.03.2014 )[/B]
[B]Live Signal alert No : 3436 Intraday Buy Entry XAU / Usd @ 1311 Stoploss @ 1306 Target : 1317 Now Trading Around 1310.50 ( 07.05.2014 )[/B]
[B]Live Signal alert No : 3445 Intraday Buy Entry XAU / Usd @ 1290 Stoploss @ 1285 Target : 1295 & 1300 Now Trading Around 1291 ( 09.05.2014 )[/B]
[B]Live Signal alert No : 3457 Intraday Sell Entry XAU / Usd @ 1303 Stoploss @ 1307 Target : 1293 Now Trading Around 1301 ( 14.05.2014 )[/B]
Gold ( Xau / Usd ) : 17/06/2014
Our Preference: Short position below 1270 & 1280 target of 1260 and 1240 with tight stoploss above 1288
Alternative Scenario: Nill Till closing above 1290
Technical Commentary: In daily chart its pulled back to selling side from key resistance,Gold was broken triangle pattern on lower side and gold couldn’t able to stand above the last week ,so its confirming the selling trend so we can except heavy sell off today or may be before this week end.
Gold ( Xau / Usd ) : 19/06/2014
Our Preference: Long positon @ 1276 target of 1287 ,stoploss below1270
Alternative Scenario: Sell below 1290 with thte stoploss of 1297 ( For Long term entry )
Technical Commentary: Yesterday gold closed on higher level on daily chart and in 4 hours chart its trading inside the triangle pattern.
Gold ( Xau / Usd ) : 23/06/2014
Our Preference: Long position above 1315 target of 1322,1326 & 1330 with stoploss below 1304.
Alternative Scenario: Nill upto daily closing below 1300 Levels
Technical Commentary: Weekly gold chart reached long key resistance on upper trend line 1316 ,If breaks above the upper line.
In 4 hours and 1 hour chart gold was trading in triangle pattern .
Gold ( Xau / Usd ) : 27/06/2014
Our Preference: Long position above 1315 target of 1322 & 1326 with stoploss below 1304.
Alternative Scenario: Nill upto daily closing below 1300 Levels
Technical Commentary: Gold was trading in the range pattern ( Between Key resistance and Key support levels ).In 4 hours and 1 hour chart gold was trading above triangle pattern we can except it will bounce back from here to key resistance levels 1326.
As it was mentioned in the previous technical analysis of Gold dated 2014.06.10, according to the formed signs, there was a potential for ascending of price which finally happened. Buyers were successful in reaching to the highest price of 1333.332 and the price is above 5-day moving. Currently in long term time frames such as monthly and weekly price is above 5-day moving average that shows a consistent uptrend in long period of time and there is not any clear reason about descending of price in these time frames.
According to the formed movements, there is AB=CD harmonic pattern with ideal ratios of 50 and 200 between the bottom price of 1240.549 and the top price of 1333.332 that warns changing price direction from D point of this pattern. RSI indicator is in saturation sell area and in divergence mode with the price chart that confirms the current top price and warns about more descends. Generally according to the current situation in 4H time frame until the top price of 1333.332 is preserved, price will have the potential of descending but according to the potential of ascending in long period of time, the descending of price is temporary and unstable.
Gold ( Xau / Usd ) : 16/07/2014
Our Preference: Sell below 1300 - 1305 target of 1287 & 1276with stoploss below 1310.
Alternative Scenario: Short below 1300 target of 1394 & 1388 with stoploss below 1307.
Technical Commentary: Yesterday Gold was crashed below 1304 Major Key support level, and its broken lower trend line, so further we can except upto next key support level.
Gold ( Xau / Usd ) : 22/07/2014
Our Preference: Short position below 1308 target of 1302 with stoploss below 1312.
Alternative Scenario: Long position above 1312 target of 1326 with stoploss below 1304.
Technical Commentary: In 4 Hours and 1 hours Gold chart broken the lower trend line of the triangle pattern so today we can except upto today support levels of 1302 , If market moves higher means we can buy above the level 1312 for long term buy.
[B]Gold ( Xau / Usd ) : 23/07/2014
Our Preference: Long position below 1303 target of 1312 ,1318 & 1326 with stoploss below 1298.
Alternative Scenario: Short position below 1298 target of 1294with stoploss above 1302.
Technical Commentary: In 4 Hours and 1 hours Gold chart was trading on the triangle pattern so today we can except market will moves between upper trend line and lower trend line.
[/B]
[B]Gold ( Xau / Usd ) : 24/07/2014
Our Preference: Sell Below 1302 target of 1292,1280 with stoploss below 1307.
Alternative Scenario: Long position above 1306 target of 1322 with the stoploss of 1300.
Technical Commentary: In 4 Hours and 1 hours Gold chart was broken the triangle pattern on lower side so today we can except market to move on next support levels.
[/B]
Gold ( Xau / Usd ) : 29/07/2014
Our Preference: Buy above 1304 target of 1312,1318 and 1326 with stoploss below 1298.
Alternative Scenario: Nill Upto daily closing below 1300
Technical Commentary: Last 2 weeks gold was closed on higher side and itseems like as hammer pattern and last month closeing also on higher side, 1 hours Gold chart was trading in the triangle pattern ,so today we can except market to move on next support levels.
Gold ( Xau / Usd ) : 23/10/2014
Our Preference: Sell Below 1244 target of 1238 and 1230 with stoploss below 1250.
Alternative Scenario: Nill Upto daily closing above 1256
Technical Commentary: Gold was broken key support trend lower line so its conforming that for selling side , In 1 hour chart interday upper trend line formed so we sell at resistance level 1244.
Xau/Usd : 27/02/2015
Our Preference: Buy positions Above 1203 with target of 1218 & 1226 in extension.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart and Daily chart Gold was tested lower trend line and its bounced back from the lower trend line and closed above the lower trend line and its trading in the triangle pattern so we got a good support levels.
In 4 hours chart,Gold was trading in Equidistance channel lines and yesterday its broken intraday upper trend line and now we got a good intraday lower trend line with good key support line @ 1198.00 level. :- we have shown in above image.
In 1 hour chart,Gold was trading above upper trend line now which it was come as support level so now we good support of lower trend line so we can buy near the support levels :- we have shown in above image.
Xau/Usd : 02/03/2015
Our Preference: Buy positions Above 1207 with target of 1218 & 1226 in extension.
Alternative Scenario: Nill
Technical Commentary: In Monthly chart we got good lower support trend line and its bounced back from lower trend line and last month closed on higher side.
In Weekly chart and Daily chart Gold was tested lower trend line and its bounced back from the lower trend line and closed above the lower trend line and its trading in the triangle pattern so we got a good support levels.
In 4 hours chart,Gold was trading in Equidistant channel lines and its tested upper trend line so we can except some correction upto long term lower trend line and its trading in triangle pattern so we can buy near lower trend line @ 1207 level. :- we have shown in above image.
In 1 hour chart,Gold was trading in Equidistant channel lines and we can buy near intraday key support level line :- we have shown in above image.
Xau/Usd : 04/03/2015
Our Preference: Buy positions Above 1198 (or) 1212 with target of 1218 & 1231 in extension and stoploss below 1190.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart and Daily chart ,Gold was trading triangle pattern and its was tested lower trend line and the closing was on higher and yesterday it was tested intraday key support line and closing was on higher side so its conforming that on buying pressure : we have shown in above image.
In 4 hours chart, Gold was trading in Equidistant channel lines and its was trading near upper trend line If its breaks the upper channel line means its started to move for long term buying trend so we can buy above intraday support line @ 1198 level :- we have shown in above image.
In 1 hour chart, Gold was trading in triangle pattern yesterday its tested lower trend line so we can buy near lower trend line :- we have shown in above image.
Xau/Usd : 05/03/2015
Our Preference: Buy positions Above 1198 with target of 1209 & 1218 in extension and stoploss below 1190.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart and Daily chart ,Gold was in trading triangle pattern and its was tested lower trend line and the closing was on higher and yesterday also it was tested intraday key support line, so selling volume only below 1190 levels so keep stoploss below 1190 levels and have buy entries for long term : we have shown in above image.
In 4 hours chart, Gold was trading in Equidistant channel lines and its was trading in the triangle pattern now its was trading near lower trend line so we can buy near lower trend line with stoploss below 1190 level :- we have shown in above image.
In 1 hour chart, Gold was trading in between upper trend line and lower trend line and above key support level 1198, so we can buy near lower trend line :- we have shown in above image.