Sunday, March 30, 2014

Gold Daily March 31, 2014


http://www.vantagefx.com/afstrack.php?affid=5002&url=https://www.vantagefx.com/get-trading/open-a-trading-account
Long Term ~ Neutral - Need a monthly close above 1800 to confirm the bull market final phase underway.
Medium Term ~ Neutral – Trend is now neutral after one year in bearish mode. A close above 1420-1480 needed for next significant price point--but a March close above 1322 GETS ONE MORE NOTCH to bullish.
Intermediate Term ~ Neutral– A close above 1355 needed for more bullish action. GLD is a hair from a bearish reading, but we are getting near the end of the short term cycle. A close below 1272 puts us bearish.
Short Term ~ Bearish – The Next short term cycle window is open--The window for a low opens on March 27th and runs into the first couple of days in April. WE SHOULD BE NEAR THE LOW HERE time and price wise. A close above 1308 would put us neutral.

Initial Resistance 1298-1308 2nd tier 1316--1322
Initial Support 1284-1293 and 2nd tier 1266-1274

Resistance was listed at 1318-1322 on the last update and the high was 1299 as gold once again remained very weak but may have made its cycle low as support was listed at 1284-1294 and the low was 1286.

 

 Gold hourly chart  
the trend Resistance will be 1298-1308 on Monday. But as long as we remain below 1328-1333 it keeps us in the Feb price range and under March's opening price. So we need a close above 1337-1343 at a minimum to get things going back on the upside, but first above 1322. On a daily basis, a close above 1308-1312 would neutralize the downtrend.
The trend remains down on the short term cycle but a low is due. We’ ve discussed quite a bit that the gold trend line could ultimately provide the price support low for this correction and it got nailed within a dollar or two on Friday.

gold hourly price chart

Get Free EUR 50 To Start Trading
What You Waiting For?

_Free EUR 50 On Account Opening
_10% deposit bonus and 200% rebate for
the deposits less than $1,000
_20% for more than $1,000


This offer is not valid for global clients
It is an exclusive offer for limited period,
The offer valid only for who open account from the link

Why Vantage FX?
Trade with Winners
Australian financial service providers, Vantage FX, have received a multitude of awards over the years including those from IB Times, Deal Makers, The World Finance Foreign Exchange Awards, Smart Investor and many more.

Vantage FX have
Award-winning Execution Speeds
Competitive spreads from 0.0 pips
24/5 Premium Customer Support
http://www.vantagefx.com/afstrack.php?affid=5002&url=https://www.vantagefx.com/get-trading/open-a-trading-account
The Gold Price & Trend Predictions blog made for gold traders to find good news and to provide the traders with daily price predictions and to learn how to trade the Forex Market for free.Just pure learning! It will be of great fun.You can judge by yourself the quality of information that I will be giving you in my blog.
Welcome to my blog where you can learn how to trade the Forex Market for free.The material is all created by myself and not copied from anywhere. There is a lot yet to come since there is a lot that you need to learn, and there is a lot that I need to share with you! So please just be patient – it will be worth it.You can judge by yourself the quality of information that I will be giving you . So just go now and start learning!
Below is a quick guide of how this website is structured, so you can find what you are looking for fast. Remember that I update the pages every day so either check back often.
In this section you will find quite a long article of what Forex is all about. If you are a beginner, this is a must read. It explains in detail what is required to start trading, what you should do and not, typical traps to avoid as a beginner and a lot of valuable information which you as a beginner must digest and learn prior opening any Forex account with real money.
In this section you will find your road map on how to become a real successful trader couple of months as from today.
In this section you will know the  3 major areas – Technical Analysis, Fundamental Analysis and Trading Physcology.
In this section you will find a gold mine of information about the technicalities of Forex. We will start from the very basics covering all the Forex jargon words which you will be hearing every day and we will be taking you up to the level required to finally learn to trade like a pro – technical analysis, also found in this section.
In this section you will see the tips that will help you stay away from crap forex products, which unfortunately the Forex market is invaded with.
This section has a very detailed article on how to avoid being scammed in this ruthless world of Forex. I will explain in detail six tips that you need to look for prior purchasing any products. Even though most of the time you may claim your money back,the time wasted is never returned. You should have used that time to learn how to trade! Read it!
 
YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS 
TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED. 
 Do your own due diligence. 
No one knows tomorrow's price or circumstance. 
 I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. 
I do not accept responsibility for being incorrect in my speculations on market trend. 
 King Regards