pepy Posted September 12, 2016 Author Share Posted September 12, 2016 1 hour chart of XAUUSD precisely indicated this pair is under bearish sentiment. Current price is below the daily pivot also in lower band and EMA20. Parabolic SAR indicator (0.02,0.2) showed sell signals. RSI (14) down to level 37. Stochastic (5,3,3) rose to around level 29. With overall indicators then this commodity predicted to be bearish with target at 1320.00 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 13, 2016 Author Share Posted September 13, 2016 Gold analysis on 30 minutes chart show different situation but bullish still dominate the market with few consecutive small bullish candle formed in previous candles. EMA20 is moving below the price plus RSI(14) which rose to level 45. Stoch fell a bit to level 34. MACD formed higher low. The bias for this commodity is bullish and target is at most 1319 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 15, 2016 Author Share Posted September 15, 2016 Big black candle formed on gold's 1 hour time frame with the price able to break pivot and also the lower band and closed below. Not to mention RSI(14) observed fall to around level 46 and Stochastic (5,3,3) observed fall to around level 22. MACD(12,26,9) formed higher low and below level 50. Parabolic SAR is below of the price indicated bullish sentiment. Based on that all the conclusion is bearish with the price may fall towards 1319.25 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 16, 2016 Author Share Posted September 16, 2016 Gold failed to break EMA100 and still move below the upper band which is near EMA100. This huge rejection could be a big deal for this commodity. Meanwhile other indicators such as RSI(14) observed to fall down to level 23. Parabolic SAR presently is above of the price indicated bearish signal. MACD(12,26,9) also in the redzone. Based on that gold's conclusion on H1 chart is bearish. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 19, 2016 Author Share Posted September 19, 2016 On H1 chart of Gold it seems this pair under bearish sentiment with the price closed below the lower band and also bearish engulfing pattern spotted on this chart. Observed RSI(14) fell down to level 36 while Stochastic(5,3,3) observed to fall up to level 20, MACD on the red zone while Parabolic SAR is moving above of the currency price. The prediction is this commodity will be baerish. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 20, 2016 Author Share Posted September 20, 2016 On Gold's 1 hour time frame chart there is hammer formed on the upper trend with Parabolic SAR below the current price indicated for bearish trend. Not just that RSI(14) rose to level 59 and Stochastic rose to around 44. MACD(12,26,9) in the green zone and formed higher high and EMA100 is bearish. Based on that then the conclusion for this pair is bullish with the target at 1318.05 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 21, 2016 Author Share Posted September 21, 2016 Gold on 30 minutes chart formed a comeback with long wicked hammer. Such a strong trend means reversal since the price break the middle band and closed above. RSI(14) in this chart rose towards level 65 and Stochastic(5,3,3) in this chart rose towards level 76. MACD(12,26,9) on the green zone indicated bullish signal. The bias is bullish and next target for this trend is 1330.30 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 22, 2016 Author Share Posted September 22, 2016 Gold on h1 chart saw the breakout of EMA100 and also single big white candle formed, the price also seen break the upper band and closed above. Not just that Parabolic SAR is moving below the current price while EMA100 follow the same. MACD(12,26,9) formed higher high on green zone and Stochastic rose to level 45. The difference is just RSI(14) it fell to level 62. Bias is bullish and target at 1336.90 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 23, 2016 Author Share Posted September 23, 2016 Evening start spotted on 1 hour chart of Gold and indicated for reversal trend from bull to bearish overall. Parabolic is bearish with moving above the price but EMA100 is sliding below the price. RSI fell down to level 50. It seems that Gold will be corrected, but seeing the overall trend still bullish. I estimate that technically the price of XAU may fall to around 1327.30 at most before rebound once again. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 26, 2016 Author Share Posted September 26, 2016 Shooting star formed on 1 hour time frame chart of this commodity indicate that this commodity may fall deeper. Next the other indicators which are RSI and Stochastic both fell down to lower level, where RSI(14) fell to 32 and Stochastic fell down to 47. MACD(12,26,9) formed higher low on red zone. Parabolic SAR is moving above the price which means bearish. Target is at 1328.90 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 28, 2016 Author Share Posted September 28, 2016 Gold on 1 hour chart indicates that prices are still depressed below EMA100, where the price is break the middle band and closed below. RSI in this chart descend to around level 35 and so do Stochastic in this chart fall down to around level 55. MACD on red zone but forms higher low. Parabolic SAR is above the price which means bearish. Based on the analysis above Gold is predicted strong bearish with support at 1315.00 Quote Link to comment Share on other sites More sharing options...
pepy Posted September 29, 2016 Author Share Posted September 29, 2016 Gold on 1 hour time frame chart is still moving below EMA100 thus the bearish sentiment is still strong enough to pull the price down. Nothing great with this one, since most of the indicators are bearish such RSI which is moving down to lower level, MACD also formed higher low on red zone. Only Parabolic SAR which is bullish, so based on that i think Gold may fall further and the target is likely at 1320 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 1, 2016 Author Share Posted October 1, 2016 Gold on 30 minutes chart shown that the price failed to continue the bullish momentum and weakening once more. The price also is actively stay away from EMA100 and Parabolic SAR is moving above the price. RSI and MACD are bearish, but Stochastic seems rise to level 67. According to the analysis on 30 min chart, this pair predicted to be bearish with the support at 1316.79 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 5, 2016 Author Share Posted October 5, 2016 Gold on H1 chart observed to make reversal as the price formed big white candle and hammer on the downward trend. RSI(14) and Stochastic(5,3,3) are oversold. Parabolic SAR and EMA100 are bearish. The price may rise but still limited to around 1279.25 at most before fall down once more because seller pressure is quite strong. Quote Link to comment Share on other sites More sharing options...
pepy Posted October 10, 2016 Author Share Posted October 10, 2016 The price of Gold experienced big white candle with the breakout of EMA100, also the price is above pivot line. EMA100 makes bearish sentiment, while Parabolic SAR is bullish, RSI and Stochastic observed to rise up to around level 46 and 67. MACD(12,2,6,9) is bullish and make a lower high formation on green zone. Based on that analysis, this commodity surely has bullish sentiment. Quote Link to comment Share on other sites More sharing options...
pepy Posted October 12, 2016 Author Share Posted October 12, 2016 Gold on 1 hour chart is again weakening against US Dollar and the price closed below the middle band and EMA100. Parabolic SAR here is moving above the price with support from RSI and Stochastic which both fall to level 40 and 28 respectively. MACD on green zone which is different than the rest. So based on the analysis then this pair is predicted to be bearish with support at 1251.00 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 13, 2016 Author Share Posted October 13, 2016 On 1 hour chart it seems that gold is keep weakening thanks to the US unemployment claim which is lower than what expected. The price fall down to below EMA100 and Parabolic SAR. RSI and Stochastic observed to fall down to level 52 and 48. MACD formed lower low on red zone. Based on that i think this pair is expected to be bearish with support at 1250.99 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 18, 2016 Author Share Posted October 18, 2016 Bullish engulfing pattern formed on h4 chart of XAUDUSD, with the candlestick closed above the middle channel after the price able to break the murray math line at 1257.81. Stochastic (5,3,3) and RSI(14) in this chart observed to be bullish with Stoch rise to level 83 but overbought while RSI rise to level 53. The bias is bullish because of those facts based on my analysis and have chance to rise up to the upper channel at 1273.44 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 19, 2016 Author Share Posted October 19, 2016 Gold have the chance to test the support at 1260.00 but still cannot break it and closed below. Based on 4 hour time frame chart the price is still moving below EMA100 and 2 big white candles formed with breakout at middle channel where the price closed above. RSI seems rise to level 59 while Stochastic seems fall to around level 18 but it is oversold. Based on the analysis, it seems this pair predicted to be bullish with resistance at 1264.54 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 21, 2016 Author Share Posted October 21, 2016 Gold still has small potential to getting stronger and still weak enough not to break EMA100. The price even fall down below with the support of few big black candle which formed in previous candles. RSI and Stochastic in 1 hour time frame observed to fall around level 31 and 18 respectively, while MACD formed higher low on the red zone. Based on the analysis this commodity may fall to around 1258.39 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 25, 2016 Author Share Posted October 25, 2016 Gold seems to be under bullish sentiment, but not all indicators agree with it. First, RSI which is bullish rise to level 56, but Stochastic seems to be bearish with fall towards level 77. The price also under pivot today. Parabolic SAR is below the price which means bullish and MACD formed higher high on the green zone. Based on the analysis above, this pair expected to be bullish with resistance at 1269.71 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 27, 2016 Author Share Posted October 27, 2016 Gold on 1 hour time frame chart how that it has potential to keep stronger after the price break the middle band and closed above and not just that EMA50 also. RSI and Stochastic in this chart also observed to be bullish with rose to level 53 and 90 respectively. According to the 1 hour chart analysis above this pair predicted to be bullish with the next resistance at 1276.37 Quote Link to comment Share on other sites More sharing options...
pepy Posted October 28, 2016 Author Share Posted October 28, 2016 Gold on 1 hour chart successfully break the middle band and closed above, also before bullish engulfing pattern followed by big white candle indicated more bullish sentiment. MACD(12,26,9) formed lower high on green zone and Parabolic SAR which is moving below the current price. So i think putting that indicators aside this pair expected to be bullish and has potential to touch 1276.14 as its resistance. Quote Link to comment Share on other sites More sharing options...
pepy Posted October 31, 2016 Author Share Posted October 31, 2016 Gold on 1 hour chart observed keep moving above EMA100, EMA50, and Parabolic SAR. With those 3 it is quite safe to assume that bullish trend dominating the market. On the other hand RSI(14) seems fall to level 55, while Stochastic rise to level 22. MACD in this chart observed to formed higher low. So based on that this pair may getting stronger and rise towards the resistance at 1282.20 Quote Link to comment Share on other sites More sharing options...
pepy Posted November 1, 2016 Author Share Posted November 1, 2016 On H1 chart, Gold is still moving above pivot line indicated the bullish sentiment especially with rejection of EMA100 and bullish engulfing pattern which spotted before. RSI and Stochastic both rise to level 57 and 59 while MACD formed lower high on green zone. So with all the data, then conclusion is bullish with resistance at 1280.85 Quote Link to comment Share on other sites More sharing options...
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