Aug 122015
 

4XEagleEye Chart

2015.07.15 [ | ] It’s likely that GOLD will decline. A break above (1159.80) could be a threat to the bearish scenario targeting (1179.67) even (1184.62). On the downside, immediate support is at (1149.07). Break below that area should keep the major bearish scenario intact testing (1137.22) areaSell on rally for today with a stop loss above (1159.80).

Market Snaphoot 1 Market Snapshots


Summary

Direction

Moving Avg.

Indicators.
Reversal Prob. Oscillator Candle Harmonic
1162.75 1169.77 1174.72 1179.67 1184.62
1149.07 1142.17 1137.22 1132.27 1127.32
Hourly Alerts
Sup/Res Penetrated 15 Jul 2015 17:04:58 GOLD had penetrated the important level at (1149.07)
Stochastic Oversold 15 Jul 2015 16:42:19 GOLD Stochastic (14) main line entered hourly oversold zone. Traders should NOT consider any short term short trades.
Down Trend 15 Jul 2015 02:06:14 GOLD is facing a selling pressure pushing it down as long as it remains below (1159.80) any four hours close below (1149.07) will open the way for the instrument to test the next support level. Any four hours bare close above (1159.80) will change instrument`s direction. Traders should consider selling each rally with a stop loss at (1159.80).
Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com

  12 Responses to “GOLD Technical Analysis Wed, 12 Aug 2015”

  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

  8.  

    Gold is a really risky stuff to trade on especially for starters since it can be all or nothing kind of scenario so we must be very careful in not attempting it unless we master it. I trade rarely on Gold but still due to the conditions that I have available at my broker OctaFX is just awesome since they have high leverage up to 1.500 and also great 50% bonus on all investments so that is automatically the risk killer for me, so I could try up my luck.

  9.  

    Aw, this was an extremely nice post. Taking the time and actual effort to geenerate a great article… but what can I say… I put
    things off a lot andd nevewr seem to get anything done.

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