Gold pair kafi down levels par movement kar choka he aur mere analysis k mutabik ye aj kafi up ho sakta he
Up level ye rahega : 1266
Focused levels : 1251
Normally levels. : 1256
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Gold pair kafi down levels par movement kar choka he aur mere analysis k mutabik ye aj kafi up ho sakta he
Up level ye rahega : 1266
Focused levels : 1251
Normally levels. : 1256
gold in strong sell trend today and i give you gold price movement prices and today support aor resistance level details , see the prices of gold give below ------------------------
Resistance levels: R1: $1255.15 R2: $1258.45 R3: $1261.10.
Support levels: S1: $1245.40 S2: $1243.30 S3: $1241.85.
Gold pair ka trend buy sy sell ki trf bn chuka hay aor gold ki abhi kt ki price movement 1247 sy 1254 tk ki howi hay aor gold ka trend zyada sell ki position main hay is liay Trader gold ko 1254 ya 1257 sy sell kar sakta hay ya thora wait kr lay aor gold ko 1260 sy sell kr lay aor take profit Trader gold ko 1245 ya 1240 tk ka laga sakta hay aor Trader gold ko stop loss 1261 tk ka laga kr trading safe kar sakta hay
In the face of a rally in the U.S. indices, August gold has continued to slide lower. For the third consecutive session, this market appears headed for a negative close and an initial test of the 1250.0 handle. Since the early June break from the 1300.0 area, price has been in a freefall.
As my colleague Skerdian talked about in an earlier update, the recent relationship between gold and equities has been peculiar. While stocks have sold off considerably during the last two weeks, gold has done the same. Investors appear to be more interested in the potential of holding debt products and currencies rather than bullion. This sentiment has skewed the traditional “risk-off” gold/equities relationship.
One product worth monitoring during this cycle of FED tightening, is the 10-Year T-Note futures contract on the CME. Prices have been going up since mid-June and are looking to challenge the highs of May. If we continue to see institutional money bid the 10-Year T-Note, then continued bearish pressure on gold is likely.
Gold is time down ke trend mein hai aur uski current price 1247$ hai current candle be down Ki Hai lag raha hai yeh kaun hai Jayega kal Friday hai aur kal bahut fast movement ka imkaan hai jisse gold Aur Bhi down Ja sakta hai. main aapko Yehi Mashwara dunga gold per trade Na Karen.
gold in strong sell trend today and i give you gold price movement prices and today support aor resistance level details , see the prices of gold give below ------------------------
Resistance levels: R1: $1252.45 R2: $1255.60 R3: $1258.00.
Support levels: S1: $1248.10 S2: $1244.35 S3: $1240.25.
Gold pair kafi down levels par movement kar choka he aur mere analysis k mutabik ye aj kafi up ho sakta he
Up level ye rahega : 1266.77
Focused levels : 1252.66
Normally levels. : 1258.33
GOLDToday Prediction
Strategy: Strong in SELL , stop loss at 1256.00, take profit at 1240.00, 1235.00.
Resistance levels: 1253.00, 1256.00, and 1259.00.
Support levels: 1244.00, 1239.00 and 1234.00.
On Friday, gold finally gains support near $1245 after falling to a six month low. Are you wondering what caused a sudden change?
There are two reasons which include:
1) U.S. Final GDP Disappoints – The gross domestic product was expected to grow at a pace of 2.2%, but the actual figure fell to 2%. Consequently, the weakness in the U.S. dollar underpinned gold.
2) EU Leaders Agreed on Conclusion – The Chairman of the talks, Donald Tusk said, “EU28 leaders have agreed on (summit) conclusions, including on migration”.
How it impacts gold price?
In response to this news, the investors moved their investments from Greenback to Euro. Therefore, the Euro jumped over 0.7% on Friday and dollar index fell 0.3%, causing a bullish reversal in gold.
There’s a strong negative correlation between dollar and gold which is why weakness in Greenback drives bulls towards the bullion.
gold pair in strong selling position now because usd strong and gold pair trading at price 1250 now and gold pair buying is too much risky and selling positions give us good profit and i prefer for sell the gold at price 1250 to 1255 and we set our take profit at price 1242 to 1236 and we set our stop loss at price 1258 to 1262 and trader must complete the analysis first of gold pair and trader understand the gold right trend then he/she place order in gold and make good profit with gold pair trading today