Sep 022014
 

4XEagleEye Chart

2014.09.02 [ | ] We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1296.47). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish. Look for short positions for current trading session.

Market Snaphoot 1 Market Snapshots


Summary

Direction

Moving Avg.

Indicators.
Reversal Prob. Oscillator Candle Harmonic
1293.24 1298.30 1303.25 1308.20 1313.15
1281.37 1276.31 1271.36 1266.41 1261.46
Hourly Alerts
MA Penetrated one hour ago GOLD has closed below 200 SMA. This reflects supply forces victory on short term technical outlook.
MA Penetrated 5 hours ago GOLD has closed below 100 SMA. This reflects supply forces victory on short term technical outlook.
Down Trend 5 hours ago GOLD is facing a selling pressure pushing it down as long as it remains below (1296.47) any four hours close below (1281.37) will open the way for the instrument to test the next support level. Any four hours bare close above (1296.47) will change instrument`s direction. Traders should consider selling each rally with a stop loss at (1296.47).
Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com

  10 Responses to “GOLD Technical Analysis Tue, 02 Sep 2014”

  1.  

    will gold go down or up now according to ur saying it has crossed today limit 1358

  2.  

    Hallo Sir, i’m one of your fan regularly to read your review every day.. and is help me on trade.

    I see since last week your rarely to update your view.. Please come back to update every day again… thank

  3.  

    Hello sir, any update pls?

  4.  

    Thank u…

  5.  

    Dear sir

    Pls update every hou about gold, pound, eur,aud.

    Thanks

  6.  

    gold anslyss send me +923145445581 plz

  7.  

    Thanks alit

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