Daily GOLD

hello donny!

what is private system development
can you tell all users more?

steve

hi steve

we can calculate the average daily movement of gold with pivote system. either manually or system. so we can estimate the direction of gold and gold drop or rise in gold, I was using a basic indication fibonaci, the key is the price of opening and closing

just remmeber my prediction 6 january 2012
gold play scenario in uptrend see the pic up

ok, i look at the average daily mowement,daily range.
And then? wich pivots,what is must do?
I new on the Gold trade, i must learn a lot.

steve

step 1
The highest and lowest gold price movements of the STS system is also a standard MACD yesterday, an indication of a line ema into the alloy.
INDICATOR VALUE
Stoch (14
RSI (14)
MACD (9)
PAR SAR
EMA (20)
EMA (50)

then you can determine the direction of gold the next day to see the pivot, the majority of gold is always touching the pivot 85% every day.

step 2

See the latest news and advice news every morning on CNBC, Reuters, etc.,

step 3

look what chandels daily chart signal, hammer, dragonfly or still bullish trend or bearsih trrend.

step 4

See the pattern per 1 hour, 4 hours, or 5 min, samples (vibby patren, flag, rising or falling wedge, ascending, descending or etc)

step 5

make your own conclusions after looking for news from other sources about the analyst.

step 6
action to be patient

donny 1986

what do you thinks about this if gold not back to 1500 again , i see gold low in 1660 target feb 2012 after that rally up to 21xx

we must break the 1750,and the the way go to 1800.
Gold can came back till 1650,and then go up target 1900 or higher.

steve

Hi,

Do you think gold rise to 1735 after market open or it goes down from this level. I am pretty hopeful to rise if greece deal solve within this weekend, Please let me know your opinion.

Waiting for your answers.

yes . i see too. but i assume this week range is not far. only 1700-1750. i belive gold will be hit 1750 again

leets see the daily ok

-----------------------------
gold in this situation will greatly affect the most fundamental for this week.
there is still a tendency toward correction because I see there are many investors who held short positions in the area 1720-1730. incident last Thursday, investors actually expected it down to 1680, but gold can not penetrate because of loss of power to fall even further. for Monday so we can be sure he will target a new area of ​​1730 before he will go down again for a very nice short positions if the tide in the area that much. if the increase in gold on the trigger of the bailout, if there is no decision by, in my view gold will be limited to flat drop but rise steadily. it is my opinion

20 feb 2012 daily gold donny 1986

ANALYSIS TOOLS
Short Medium Long
Bullish Bullish Bullish

RANGE 1720.00 - 1740.00 RANGE TARGET

support Resistance
1 1700.00 1760.00
2 1680.00 1780.00

INDICATOR VALUE
Stoch (14) ↑ 36.98 STILL UP
RSI (14) ↓ 56.96 HAVE CORRECTION
MACD (9) ↓ 15.91
PAR SAR (9) 1757.60 ↓
EMA (20) 1731.07 ↑
EMA (50) 1723.76 ↑

* This week gold is assumed to move flat, did not occur
shift range and relatively still perched on top of support
significant 61.8% Fibonacci Fan (1720s). From this, the gold
likely to continue despite its positive potential gain
limited daily.
* Scale 61.8% Fibonacci Fan, remains a necessary support
note. Because in case of break-out, the possibility can
match the pattern as the period of December last year. but see
BREAK first pattern, if a strong penetration, the level
target (support) in 1650-an be seen again.

-----------S2 S1 Pivot Point R1 R2-------------
1706.30 1714.70 1725.30 1733.70 1744.30


GOLD WILL BE CONSOLIDATION UP FIRST TO GET MORE GAIN BUT IS NOT TO HIGH
IF GOLD STAY IN AREA 1730 SIGNAL UP R1
IF GOLD STAY IN AREA 1717 SIGNAL DOWN S1

TIPS
1. BUY 1723-1724 TARGET 1- 3 POINT
2. SELL 1733 TARGET 1-3 POINT
3 BUY 1714 TARGET 2- 15 POINT
4 SELL 1744 TARGET 3-9 POINT

WARNING= SEE CHANDELS AND NEWS UPDATE FOR TIPS

Gold dipped due to profit-taking, uncertainty Greece
New York / London, Reuters 17/02/12 - On Friday session of the gold
weakened as investors gain profits (profit-taking)
after the initial rally fueled by a growing confidence that
Greece is almost close to the new rescue package.
Gold rose early in the session due to purchases driven sentiment
news that China's central bank has the possibility of using
some of its massive foreign reserves to import the final gold
last year.
However, gold fell as the euro and U.S. equities as
concerns ahead of a key meeting of finance ministers zone
euro on Monday to complete the bailout deal
Greek. The uncertainty is prompting some investors to
close positions ahead of the U.S. Presidents Day holiday on Monday.
"Gold can not escape the influence of financial markets
a broader, "said James Steel, chief commodities analyst at HSBC.
"The completion of the eurozone debt crisis in the end must
break this chain. Until then gold will trade
tends to stable, "said Steel.
Spot gold fell 0.5 percent in the position of $ 1,720.48 per ounce in
at 16:45 GMT.
Gold ended the week flat, due to the decline Friday
erase the recent rise from optimism
surrounding Greece and the euro zone debt crisis.
U.S. gold futures for April delivery fell $ 6.20 to
$ 1,722.20 per ounce.
Gold largely ignored news that U.S. consumer prices
rose in January, driven by surging fuel costs.
0.2 percent rise in consumer price index shows
inflation remains largely under control.
Strong correlation of gold and the euro lately is the velocity
the single currency a larger impact
attractiveness of gold compared to the traditional safe-haven.
Gold rose earlier after a think-tank sources
the Chinese government said China's central bank, eager
with its foreign exchange reserves, the possibility was behind the surge
country's gold imports late last year.
Spot gold rose 10 percent this year, most of
inspired by the U.S. Federal Reserve signaled that interest rates
not possible to move beyond zero for some 3 years
Again, following the gold-bullish talk of quantitive easing.


NEWS

China may overtake India as top gold buyer in 2012: WGC - Hindu Business Line, Feb 19 2012 8:05AM

Gold Prices Settle Lower on Greek Bailout Uncertainties (Update 1) - The Street, Feb 17 2012 4:07PM

Gold Prices Settle Lower on Greek Bailout Uncertainties (Update 1) - The Street, Feb 17 2012 4:07PM

Gold, Silver Trades Up, Copper Under Pressure - ForexPros.com, Feb 19 2012 5:26AM

IF YOU LIKE MY THREAD PLZ GIVE ME THE RATE THREAD PLZ. THX
DO NOT FORGET TO SUPPORT COMMENTS, THIS THREAD TO STAY IN THE TOP POSITION

THANKS FOR VISITED

DONNY 1986

Thank you very much sis, Actually I have opened an order on gold mistakenly so I need gold at least at 1730 otherwise I will close it with some loss

Hello

Now a days i like donney's prediction but she is not so regular that is my only objection,please sis try to more regular and keep up your prediction for us,we are always with you.

Thanks
Picklu

Hi Don, nice post. Will always have a look your forecast before my trade.
Gold move really slow as today is Presidents Day. In the United States, Presidents Day is always celebrated on the third Monday of February. Most of public services close or open half day. It has been 5 hrs moving side way between 1732 -1735 (since 1500hrs GMT+4 till now). Hope tomorrow will be better than today.
Cheers...

Hi Donny,

Do you think gold goes down to 1723 or 1724 today or tomorrow anytime to fill the gap occurred as market opened high from last week closing?

Gold seems rise as growing optimism that European leaders will sign off on a rescue deal for Greece lifted the euro, and after China's central bank further loosened monetary policy. I hope I made right decision, just bought it at 1736 target at 1740. What do you think Don?

FYI, just hit the target. Guys, any prediction how far it will goes?

If it can break 1742 level then we can see 1750+ as my openion

Price hit 1743 on Asia time and went down to 1737 on London time despite fundamental show positive respon for Greece bailout. Any idea what it might happen when US Market open?

Seems my prediction was correct but unfortunately I had a sell order