Apr 242014
 

4XEagleEye Chart

2014.04.24 [ | ] GOLD maintains a bid tone for now. Break above (1288.96) may trigger further recovery of the GOLD. Going bellow latest swing low at (1276.84), however, would confirm continuation of the bearish trend, towards next objective downwards (1261.96). Shorting GOLD is advisable for today.

Market Snaphoot 1Market Snaphoot 1 Market Snapshots


Summary

Direction

Moving Avg.

Indicators.
Reversal Prob. Oscillator Candle

Bullish Butterfly

Harmonic

1288.86 1296.19 1304.30 1318.70 1329.67
1276.84 1271.86 1266.91 1261.96 1257.01
Hourly Alerts
Sup/Res Penetrated 8 hours ago GOLD had penetrated the important level at (1271.86)
Stochastic Oversold 9 hours ago GOLD Stochastic (14) main line entered hourly oversold zone. Traders should NOT consider any short term short trades.
MACD Turning Bearish 12 hours ago GOLD MACD (12, 26, 9) histogram turned from bullish to bearish. This should empower the instrument`s bearish technical short term outlook.
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  8 Responses to “GOLD Technical Analysis Thu, 24 Apr 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

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