Market Cap:
$236B
BTC Dominance:
65.60%
btc:
$8,563.42
eth:
$185.22
xrp:
$0.27
Advertise
Forex

29th Oct 2014 XAU/USD Gold Analysis

29th Oct 2014 XAU/USD Gold Analysis

 XAUUSD, XAU/USD, Gold, Gold bullion, commodity, commodities, precious metals, metals, gold price, gold price forecast, gold price outlook, XAUUSD analysis, XAUUSD technical analysis, XAUUSD outlook, XAUUSD price, XAU/USD analysis, XAU/USD forecast, XAU/USD outlook, XAU/USD price, XAU/USD technical analysis, XAU/USD analysis, XAUUSD forecast Gold prices traded sideways and broke below 1232 and attained 1223 yesterday

 XAUUSD, XAU/USD, Gold, Gold bullion, commodity, commodities, precious metals, metals, gold price, gold price forecast, gold price outlook, XAUUSD analysis, XAUUSD technical analysis, XAUUSD outlook, XAUUSD price, XAU/USD analysis, XAU/USD forecast, XAU/USD outlook, XAU/USD price, XAU/USD technical analysis, XAU/USD analysis, XAUUSD forecast A resistance at the 200 moving average on the H4 charts show possible downward movement today, while the 50 moving average looks to dip, the 104 moving average in orange has picked up strength.

 XAUUSD, XAU/USD, Gold, Gold bullion, commodity, commodities, precious metals, metals, gold price, gold price forecast, gold price outlook, XAUUSD analysis, XAUUSD technical analysis, XAUUSD outlook, XAUUSD price, XAU/USD analysis, XAU/USD forecast, XAU/USD outlook, XAU/USD price, XAU/USD technical analysis, XAU/USD analysis, XAUUSD forecast A crossover with the 104 moving average intercepting the 50 moving average in blue from the top down will likely set for an intra-day sell entry for gold traders as the Traditional MACD sustains the claim for a bearish trend.

Trend Direction
S3
S2
S1
R1
R2
R3
Entry
Stop Loss
Exit
Slight Bearish120012101227.4123212401250

Disclaimer: The views and opinions expressed in this article are solely those of the author and do not reflect the official policy or position of AtoZ Markets.com, nor should they be attributed to AtoZMarkets.