Xau/Usd : 10/03/2015
Our Preference: Sell positions below 1198 with target of 1209 & 1218 in extension and stoploss below 1190.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart Gold was broken lower trend line and closed below lower trend line.In Daily chart ,Gold was broken the triangle pattern on lower side and yesterday its closed below the key support level 1170 levels :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistance channel lines and its was trading below key resitance level 1175 Level , so we can sell near key resistance line with stoploss above 1190 level :- we have shown in above image.
In 1 hour chart, Gold was trading in the equidistant lines and near intraday key resistance level 1169 level, so we can sell near lower trend line :- we have shown in above image.
Xau/Usd : 11/03/2015
Our Preference: Sell positions below 1165 with target of 1160 & 1155 in extension and stoploss below 1190.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart Gold was broken lower trend line and closed below lower trend line,
In Daily chart and its trading below the major key support level 1170 levels and new support was forming at the level of 1160 :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistant channel lines and its was trading below key resistance level 1175 Level , so we can sell near key resistance line with stoploss above 1190 level :- we have shown in above image.
In 1 hour chart, Gold was trading in the equidistant lines and near intraday key resistance level 1165 level and its trading in the triangle pattern so we can sell near lower trend line of triangle pattern :- we have shown in above image.
Xau/Usd : 12/03/2015
Our Preference: Sell below 1170 with target of 1160 & 1155 in extension and stoploss above 1190.
Alternative Scenario: Nill
Technical Commentary: In Weekly chart :- 1.gold was broken lower trend line,
2 last week closed below lower trend line
3.Still trading below last week low and major key support level
In Daily chart and gold was bounce back from key support level 1247 and now gold trading near key resistance line 1270 level, so we can sell near 1170 levels and new support was forming at the level of 1150 :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistant channel lines and reached lower channel line so we can except some correction upto next key resistance level, so we can sell near key resistance line with stoploss above 1190 level :- we have shown in above image.
In 1 hour chart, Gold was trading in the equidistant lines and broken the key resistance level of upper trend line @ 1165 level:- we have shown in above image.
Xau/Usd : 16/03/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1165 with target of 1158 & 1153 in extension and stoploss above 1170.
Alternative Scenario: Buy above 1153 with target of 1158 & 1165 in extension and stoploss above 1143.
Technical Commentary: In Weekly chart, Last week gold was formed new support levels with lower trend line after bounce back from major key support level 1145 level.
In Daily chart, the gold was bounce back from key support level 1247 and its formed new lower trend line now intraday key resistance @ 1270 level If it breaks and close above this level means we can except of buying trend :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistant channel lines with sideways moment and triangle pattern.
In 1 hour chart, Gold was trading in the triangle pattern and its trading between major key resistance level and major support level :- we have shown in above image.
[B]Xau/Usd : 17/03/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1153 with target of 1158 & 1165 in extension and stoploss above 1143.
Alternative Scenario: Nill
Technical Commentary: In Daily chart, after bounced back from major lower trend line and now its started to move on sideways moments with major support and resistance with triangle pattern so we can buy near intraday support levels upto intraday resistance level :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistance channel lines with sideways moment and triangle pattern. In 1 hour chart, Gold was trading in the triangle pattern and its trading between major key resistance level and major support level :- we have shown in above image.
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Xau/Usd : 19/03/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1175 with stoploss above 1180 and for the target of 1160 .
Alternative Scenario: Buy above 1158 with stoploss below 1147 for the target of 1172.
Technical Commentary: In weekly chart :- Gold was tested last week and testing the upper trend line so we can except some correction from here to next support level .
In Daily chart, after bounced back from major lower trend line and now its safely reached upper trend line and its started to move on sideways moments with major support and resistance with triangle pattern so we can buy near intraday support levels upto intraday resistance level :- we have shown in above image.
In 4 hours chart, Gold was trading in Equidistant channel lines and safely reached upper channel line so we can except some correction from upper channel line.
In 1 hour chart, Gold was broken the triangle pattern on upper side and its moving towards next resistance level :- we have shown in above image.
Xau/Usd : 20/03/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1180 with stoploss below 1172 for the target of 1192.
Alternative Scenario: Nill .
Technical Commentary :- In Daily chart, after bounced back from major lower trend line and now its safely reached upper trend line and its started to move on sideways moments with major support and resistance with triangle pattern so we can buy near intraday support levels upto intraday resistance level :- we have shown in above image.
In 4 hours chart and In 1 hour chart, Gold was trading in Equidistant channel lines and safely reached upper channel line and new horizontal resistance line was formed, so we can except some correction from upper channel line :- we have shown in above image.
Xau/Usd : 23/03/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1180 with stoploss below 1172 $ for the target of 1192 $ and 1200 $.
Alternative Scenario: Nill .
Technical Commentary :- In weekly chart : Last week Gold was closed above last week high and its closed on higher side and its conforming for that buying trend because after testing the lower trend line gold was closed on higher side and broken key resistance level so we buy near key support levels.
In Daily chart :- last 3 days gold was closed on higher side and its broken upper trend line and closed above key resistance levels, so we can buy near key support levels :- we have shown in above image.
In 4 hours chart :- Gold was broken the equidistant line on upper side and its broken key resistance level 1175 levels so next we can except upto next resistance level 1200 Ounces.
In 1 hour chart, Gold was trading in Equidistant channel lines and we can buy near lower channel line 1180 levels and its broken all minor resistance levels on last week :- we have shown in above image.
[B] Xau/Usd : 25/03/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1190 $ level for the target 1200 $.
Alternative Scenario: Nill .
Technical Commentary :- In weekly Chart : Gold was trading above last week high and its trading above the key resistance level and upper trend line so we can buy near intraday support levels. In Daily Chart :- Yesterday its closed above the resistance level 1190 $ so today we can buy near 1190 levels and we can except upto 1200 levels :- we have shown in above image.
In 4 hours chart :- Gold was trading in the equidistant line and its trading near lower channel line, so we can buy above 1190 level and exit near 1200 level of next resistance:- we have shown in above image.
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[B]Xau/Usd : 26/03/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1200 level for the target 1220 & 1224 level.
Alternative Scenario: Nill .
Technical Commentary :- In weekly Chart : Gold was trading above last week high and its trading above the key resistance level and upper trend line so we can buy near intraday support levels. In Daily Chart :- Yesterday gold was closed above the last week high so its confirming for buying trend upto next resistance level 1220 $ :- we have shown in above image.
In 4 hour chart :- Gold was trading in the equidistant line and its trading near lower channel line, so we can buy above yesterday high 1198 level and for the target upto 1220 & 1224 level of next resistance:- we have shown in above image.
In 1 hour chart :- Gold was trading in the equidistant channel lines with yesterday high and intraday resistance of 1200 levels, If it breaks 1200 level means it will move higher upto next resistance level so we can buy above 1200 level :- we have shown in above image.
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Xau/Usd : 30/03/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1190 for the target of 1180 levels.
Alternative Scenario: Buy above 1200 level for the target 1220 & 1224 level.
Technical Commentary :- In weekly Chart : Last week Gold was closed below key resistance level 1210 and gold was closed on lower side, so we can except sideways movements.
In Daily Chart :- Last 8 days gold was closed on bullish candle yesterday gold had bearish candle so today we can except some correction on selling side upto key support levels of 1190 and 1180 ounces:- we have shown in above image.
In 4 hour chart :- Gold was trading in the selling equidistant channel line and its trading near upper channel line 1194 levels so we can sell near upper channel line for the target upto 1185 & 1180 :- we have shown in above image.
In 1 hour chart :- Gold was trading in the triangle pattern with near lower trend line , If lower line breaks means we can except upto 1180 levels :- we have shown in above image.
Xau/Usd : 31/03/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1190 for the target of 1180 levels.
Alternative Scenario: Buy above 1200 level for the target 1220 & 1224 level.
Technical Commentary :- In Daily Chart :- After 2 weeks gold was closed on lower side and it was closed below key support level So we can sell near resistance level of 1191 :- we have shown in above image.
In 4 hour chart :- Gold was trading in the selling equidistant channel line and its trading near upper channel line 1194 levels so we can sell below upper channel line for the target upto 1185 & 1180 :- we have shown in above image.
In 1 hour chart :- Gold was trading in the triangle pattern and yesterday its broken the key support level of intraday trend line so we can sell below 1191 levels :- we have shown in above image.
Xau/Usd : 01/04/2015 Technical Analysis Report From Centreforex
Our Preference: Buy Above 1180 and 1185 Levels for the target of 1190 and 1195 levels.
Alternative Scenario: Buy above 1200 level for the target 1220 & 1224 level.
Technical Commentary :- In weekly Chart : After testing the last week low, the gold came back higher and closed on higher side ,now gold was trading above the lower trend line so we can buy above 1180 levels and we can except sideways movements upto 1195 levels :- we have shown in above image.
In Daily Chart :- Yesterday gold was closed on bullish candle like hammer so today we except buy near lower support level of 1185 and 1180 ounces:- we have shown in above image.
In 4 hour chart :- Gold was broken the equidistant channel lines on upper side and we have good support level of 1184 levels so we can buy near intraday support levels :- we have shown in above image.
In 1 hour chart :- Gold was broken the triangle pattern with near lower trend line , If lower line breaks means we can except upto 1180 levels :- we have shown in above image.
Xau/Usd : 02/04/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1198 level for the target 1220 & 1224 level.
Alternative Scenario: Nill
Technical Commentary :- In Daily Chart :- Yesterday gold was closed as bullish candle and closed above key resistance level of 1190 levels so today we can buy above key support level 1198 and now gold was started to trade with trend line and now gold was trading in the triangle pattern so we can except range bound pattern between upper trend line and lower trend line :- we have shown in above image.
In 4 hour chart and 1 hour chart :- Gold was trading above the resistance level so we can buy near intraday support levels :- we have shown in above image.
Xau/Usd : 13/04/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1198 level for the target 1210 & 1218 level.
Alternative Scenario: Nill
Technical Commentary :- In Weekly chart and In Daily chart Gold was trading in the triangle pattern and its was trading in the range bound pattern between key resistance level and key support level So we can except sideways movement,
In 4 hour chart and In 1 hour chart :- Gold was trading in the equidistant levels and its was trading in the triangle pattern and it was trading above the key support level of 1198 so we can buy above the key support levels :- we have shown in above image.
Xau/Usd : 15/04/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1190 levels for the target 1198,1210 and 1218 levels with stoploss below yesterday low.
Alternative Scenario: Nill
Technical Commentary :- In Daily chart Gold was trading in the triangle pattern and its was trading in the range bound pattern between key resistance level and key support level So we can buy near lower support line and support levels 1190 with the stoploss of 1178.
In 4 hour chart and In 1 hour chart :- Gold was trading in the equidistant levels and its was trading in the triangle pattern and it was trading above the key support level of 1180, so we can buy above the key support levels :- we have shown in above image.
Xau/Usd : 17/04/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1200 levels for the target 1210 and 1218 levels with stoploss below yesterday low.
Alternative Scenario: Nill
Technical Commentary :- In Daily chart, 4 hour chart and In 1 hour chart :- Gold was trading in the triangle pattern and its was trading in the range bound pattern between key resistance level and key support level, so we can buy above lower support line 1200 levels :- we have shown in above image.
Xau/Usd : 20/04/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1200 levels for the target 1209,1213 and 1218 levels with stoploss below yesterday low.
Alternative Scenario: Nill
Technical Commentary :- In weekly chart, Gold was closed on higher side and closed like hammer pattern and closed above the key resistance level of 1200 ounces and its was trading in the triangle pattern, this week we can except to break off on higher side so we can buy above 1198 levels with tight stoploss.
In Daily chart :- Gold was trading in the triangle pattern If upper trend line breaks means we can see further move towards on higher side.
In 4 hour chart and In 1 hour chart :- Gold was trading in the triangle pattern and its was trading in the range bound pattern between key resistance level and key support level, so we can buy above lower support line 1200 levels :- we have shown in above image.
Xau/Usd : 24/04/2015 Technical Analysis Report From Centreforex
Our Preference: Buy above 1188 levels for the target 1200 and 1205 levels with stoploss below yesterday low.
Alternative Scenario: Nill
Technical Commentary :- In Daily chart :- Gold was trading in the triangle pattern and range bound pattern between key resistance level and key support level and now its was trading near lower trend line so we can buy above lower trend line level 1190 and If upper trend line breaks means we can see further move towards on higher side.
In 4 hour chart and In 1 hour chart :- Gold was trading in the triangle pattern and its was trading above the key support levels so we can buy above lower support line 1190 levels :- we have shown in above image.
Xau/Usd : 27/04/2015 Technical Analysis Report From Centreforex
Our Preference: Sell below 1190 levels for the target 1180 and 1170 levels with tight stoploss .
Alternative Scenario: Nill
Technical Commentary :- In weekly chart :- Last week gold was broken lower trend and closed below lower trend line so further we can except some low upto key support level 1170 .
In Daily chart and In 4 hour chart :- yesterday Gold was broken the triangle pattern on lower side and broken key support level 1180 level so we can sell near resistance level 1190.
In 1 hour chart :- Gold was trading below the key support levels so we can sell near key resistance line 1190 levels :- we have shown in above image.
