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Thread: ***** DAILY SPOT GOLD OUTLOOK *****

      
  1. #1
    My Charts Talk To Me acetraderfx's Avatar
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    Consol ***** DAILY SPOT GOLD OUTLOOK *****

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    22 Apr 2013 06:48GMT

    STRATEGY : Stand aside

    RES : 1438.50/1456.30/1474.40

    SUP : 1391.50/1381.50/1363.00

    Although gold's breach of last Fri's high at 1424.80 suggests erratic rise fm last Tue's 2-year low at 1322.20 to retrace recent decline has made a temp. low there n consolidation with upside bias is seen, loss of momentum shud prevent sharp rise abv 1438.50 n bring a much-needed retreat later.

    On the downside, only a daily close below 1391.50 sup wud signal a temp. top is made n yield subsequent weakness twd 1381/82. Stand aside.

  2. #2
    My Charts Talk To Me acetraderfx's Avatar
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    Consol ***** May 7, 2013 : DAILY SPOT GOLD OUTLOOK *****

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    07 May 2013 08:49GMT

    Despite gold's recovery fm last Fri's low at 1456.40 to 1479.00 y'day, subsequent sharp retreat suggests choppy consolidation below last Fri's high at 1487.90 res is seen, below 1456.40 wud signal up move fm Apr's 1322.20 low has made a temp. top there but sup at 1449.00 shud remain intact.

    On the upside, abv 1479.00 wud revive bullishness n bring re-test of 1487.90, abv wud extend aforesaid rise twd 1500.00. Stand aside.

    STRATEGY : Stand aside

    RES : 1479.00/1487.90/1500.00

    SUP : 1456.40/1449.00/1440.90

  3. #3
    My Charts Talk To Me acetraderfx's Avatar
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    Smile Re: ***** May 9, 2013 : DAILY SPOT GOLD OUTLOOK *****

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    09 May 2013 00:04GMT


    Although gold's strong rebound fm Tue's low at 1441.50 suggests pullback fm last Fri's high at 1487.90 has possibly ended there n consolidation with upside bias is seen, break of 1479.00 res is needed to confirm this view n yield re-test of 1487.90 but abv needed to extend gain twd 1500.00.

    On the downside, only a daily close below 1439/41 wud confirm corrective rise fm Apr's 2-yr low at 1322.20 has made a top n yield 1429.90.

    STRATEGY : Stand aside

    RES : 1479.00/1487.90/1500.00

    SUP : 1440.90/1429.90/1424.80

  4. #4
    My Pip Hand Is Weak rohmatul's Avatar
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    Default Re: ***** DAILY SPOT GOLD OUTLOOK *****

    there are so many fundamental analysis in forums., i think it's useless....
    my traders don't use it...
    anyone here trying this analysis??

  5. #5
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    Default Re: ***** DAILY SPOT GOLD OUTLOOK *****

    gold is going to continue its upward swing next week......

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