บทวิเคราะห์ของกูรูนอก

[NeoSeemadong 52]

Gold

The metal stabilized above 1609.00 zones as seen on the provided daily graph. The recently created harmonic pattern of "Deep Crab Pattern" which was published by Scott Carney as we discussed before is still in favor, noting that AB leg achieved a correction around 88.6% for XA leg-Regular correction for this leg in the normal Crab Pattern is 38.2% and 61.8%- . Thus; Fibonacci projection of 161.8% for the XA leg should be the first PRZ of the pattern due to the harmonic rules of this structure. To conclude, we still suggest potential upside move with targets at 1645.00, supported by the positivity appearing on Vortex indicator. Carefully note that, coming back below 1578.00 before hitting 1627.00 zones will give us reasons for concern.

 

The trading range for today is among the key support at 1585.00 and key resistance now at 1645.00.

 

The general trend over the short term basis is to the upside, targeting $ 1694.00 per ounce as far as areas of 1430.00 remain intact with weekly closing.

 

Support: 1609.00, 1600.00, 1595.00, 1585.00, 1572.00

Resistance: 1627.00, 1632.00, 1635.00, 1642.00, 1645.00

 

Recommendation Based on the charts and explanations above our opinion is, buying gold around 1609.00 targeting 1645.00 and stop loss below 1584.00 might be appropriate

ถูกแก้ไข กรกฎาคม 26, 2011 โดย NeoSeemadong

[deb99 290]

!01

[NeoSeemadong 52]

Technical Analysis for Precious Metals

Analysis | Commodity Technical Analysis | Written by ecPulse.com |

Wed Jul 27 11 03:50 ET

 

Gold

As planned, gold has touched areas of the 1609.00 which were defined to be the new technical base for resuming the uptrend towards the PRZ –potential reversal zones- of the "Deep Crab" pattern discussed in details in our weekly report. The secondary educational shows the rhythmic of Fibonacci levels dominating the aforesaid pattern; thus, the bullishness may continue over intraday basis, supported by the positivity on momentum and trend indicators. Note that breaching through the extended resistance of 1627.00 will be able to accelerate the upside wave; whilst 1585.00 becomes our updated risk limit.

 

The trading range for today is among the key support at 1585.00 and key resistance now at 1645.00.

 

The general trend over the short term basis is to the upside targeting 1694.00 per ounce as far as areas of 1430.00 remain intact with weekly closing.

 

Support: 1615.00, 1609.00, 1600.00, 1595.00, 1585.00

Resistance: 1627.00, 1632.00, 1635.00, 1642.00, 1645.00

 

Recommendation Based on the charts and explanations above our opinion is, buying gold around 1615.00 targeting 1645.00 and stop loss below 1595.00 might be appropriate.

[NeoSeemadong 52]

Silver

Silver rose yesterday again, but this incline was limited below 41.20 as shown above, where this level represents Fibonacci cluster resistance. But, a sharp bearish reversal is difficult to be confirmed as long as silver is stable above 40.00 and 40.40. Therefore, we remain neutral today until a 4-hour closing below 40.00 is seen to activate the suggested downside trend.

 

The trading range for today is among the key support at 38.05 and key resistance now at 41.20.

 

The short-term trend is to the downside targeting 26.65 as far as areas of 48.50 remain intact with weekly closing.

 

Support: 40.40, 40.20, 40.00, 39.75, 39.20

Resistance: 40.90, 41.20, 41.85, 42.20, 42.50

 

Recommendation Based on the charts and explanations above we recommend selling silver with 4-hour closing below 40.00 and take profit in stages at (39.20, 38.70 and 38.05) and stop loss with 4-hour closing above 40.90 might be appropriate today.

[deb99 290]

!01

[NeoSeemadong 52]

Technical Analysis for Precious Metals

Analysis | Commodity Technical Analysis | Written by ecPulse.com |

Thu Jul 28 11 03:42 ET

 

Silver

The level of 41.20 has proved its strength and pushed silver to reverse sharply to the downside yesterday, but now we see some upside correction to relief Stochastic, while the metal is trading around 40.40 per ounce. We expect the suggested downside trend to continue, but stability below the mentioned resistance is required. A bearish reversal is seen on RSI which support our expectations.

 

The trading range for today is among the key support at 38.25 and key resistance now at 42.50.

 

The short-term trend is to the downside targeting 26.65 as far as areas of 48.50 remain intact with weekly closing.

 

Support: 40.20, 40.00, 39.50, 38.70, 38.25

Resistance: 40.70, 40.90, 41.20, 41.85, 42.20

 

Recommendation Based on the charts and explanations above we recommend selling silver below 40.40 and take profit in stages at (39.50, 38.70 and 38.25) and stop loss with 4-hour closing above 41.20 might be appropriate today.

 

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Gold

After touching the first suggested technical target of the bullish CD wave at 1627.00 -check yesterday's report- the metal showed downside correctional movements that were limited around the pivotal support of 1609.00 as seen on the provided daily graph. There is a shaky crossover on Stochastic and it may cause some kind of fluctuation; but Vortex reflects the strength of the bullish trend. Henceforth, the CD leg of the harmonic Deep Crab pattern may continue; particularly if the pair succeeded in penetrating the resistance of 1627.00-1628.00. Technical targets of the PRZ for our captured harmonic formation are seen on the graph. Conversely, areas around 1585.00 should hold to protect this scenario.

 

The trading range for today is among the key support at 1574.00 and key resistance now at 1645.00.

 

The general trend over the short term basis is to the upside targeting 1694.00 per ounce as far as areas of 1430.00 remain intact with weekly closing.

 

Support: 1609.00, 1600.00, 1595.00, 1585.00, 1574.00

Resistance: 1620.00, 1627.00, 1632.00, 1635.00, 1642.00

Recommendation Based on the charts and explanations above our opinion is, buying gold around 1612.00 targeting 1645.00 and stop loss below 1590.00 might be appropriate.

[deb99 290]

!01

[NeoSeemadong 52]

Technical Analysis for Precious Metals

Analysis | Commodity Technical Analysis | Written by ecPulse.com |

Fri Aug 05 11 03:50 ET

 

Gold

Just a few dollars separated between yesterday's high -historical high- of 1682.00 and our short term suggested technical objective of 1687.00, where the metal declined sharply confirming the technical idea of placing PRZ for our caught bearish harmonic Deep Crab pattern. The question now is; what shall be next? Actually, our captured pattern is bearish although it couldn’t touch the PRZ flawlessly but the price behaviors occurred after that revives our technical idea; thus, the bearishness is in favor over intraday basis, mainly targeting 1633.00, followed by 1604.00. Momentum indicators reflect obvious overbought case, supporting our scenario.

 

The trading range for today is among the key support at 1607.00 and key resistance now at 1687.00.

 

The general trend over the short term basis is to the upside, targeting $ 1694.00 per ounce as far as areas of 1430.00 remain intact with weekly closing.

 

Support: 1655.00, 1645.00, 1632.00, 1627.00, 1616.00

Resistance: 1670.00, 1674.00, 1677.00, 1682.00, 1687.00

 

Recommendation Based on the charts and explanations above our opinion is, selling gold around 1666.00 targeting 1633.00 and stop loss above 1687.00 might be appropriate.

[deb99 290]

ขอบคุณครับ

[NeoSeemadong 52]

Gold

The mild downside correction from 1683.00 to 1638.00-just a few dollars above 23.6% of CD leg- represented the effect of the bearish harmonic Deep Crab pattern-we recommend reviewing the previous reports for more details- and now, we will have a look at the metal from another view where the metal is forming the IM wave –impulsive wave- that started at 680.00. It seems that, we are witnessing a case of extended fifth wave within the extended fifth wave. Henceforth, we see chances for achieving more bullish actions after relieving Stochastic. Soft technical objectives reside around 1770.00 zones. On the downside, a break back below 1652.00 delays.

 

The trading range for this week is among the key support at 1627.00 and key resistance now at 1785.00.

 

The general trend over the short term basis is to the upside, targeting $ 1888.00 per ounce as far as areas of 1475.00 remain intact with weekly closing.

 

Support: 1694.00, 1685.00, 1674.00, 1666.00, 1655.00

Resistance: 1712.00, 1720.00, 1735.00, 1760.00, 1770.00

Recommendation Based on the charts and explanations above our opinion is, buying gold around 1695.00 targeting 1770.00 and stop loss below 1650.00 might be appropriate.

[happy-go-lucky 5]

!thk !thk !thk

[sss 1]

ขอบคุณครับ

[NeoSeemadong 52]

Technical Analysis for Precious Metals

Analysis | Commodity Technical Analysis | Written by ecPulse.com |

Thu Aug 11 11 03:39 ET

 

Gold

Gold has soared, closing above the previous detected soft technical target of the internal fifth wave of our caught IM –impulsive wave- discussed in details in the weekly report. Henceforth, we classify the bounce from 1815.00 zones to the current trading areas as preparation to continue moving higher over upcoming period. Stochastic is presently achieving a positive crossover despite approaching overbought areas; whilst AROON reflects the strength of the bullish trend. Only a break of 1755.00 delays the highly anticipated bullishness. Technical targets are seen around 1888.00 according to Fibonacci rules.

 

The trading range for today is among the key support at 1735.00 and key resistance now at 1830.00.

 

The general trend over the short term basis is to the upside, targeting $ 1888.00 per ounce as far as areas of 1475.00 remain intact with weekly closing.

 

Support: 1775.00, 1760.00, 1755.00, 1735.00, 1720.00

Resistance: 1795.00, 1800.00, 1815.00, 1830.00 18

 

Recommendation Based on the charts and explanations above our opinion is, buying gold around 1782.00 targeting 1820.00 and stop loss below 1754.00 might be appropriate.

[deb99 290]

!01

[NeoSeemadong 52]

Technical Analysis for Precious Metals

Analysis | Commodity Technical Analysis | Written by ecPulse.com |

Fri Aug 12 11 03:24 ET

 

Gold

Despite drawing a bearish candlestick formation that sent the metal lower towards 1732.00 zones, but the sharp rebound from there to the current level was so impressive confirming the IM-impulsive- nature of the present wave. The secondary image of the four hour interval is evidence that, the metal has found a solid support around the aforesaid support levels. This support succeeded n assisting gold in creating a bullish four hour shape. In fact, breaching through 1782.00 will be a vey positive indication, but we will be neutral today once more since risk versus rewards ratio is very high.

 

The trading range for today is among the key support at 1694.00 and key resistance now at 1830.00.

 

The general trend over the short term basis is to the upside, targeting $ 1888.00 per ounce as far as areas of 1475.00 remain intact with weekly closing.

 

Support: 1755.00, 1740.00, 1735.00, 1720.00, 1707.00

Resistance: 1770.00, 1779.00, 1800.00, 1815.00, 1830.00

 

Recommendation Based on the charts and explanations above our opinion is, staying aside until a clearer sign appears to pinpoint the upcoming big move.