Gold

Technical analysis for GOLD

gold analysis for 11.11.2018

( GOLD ) price sell (minimum) is 1209.29

or buy (maximum) 1209.87

Hello!!!!
Good Morning everyone!! Enjoying my weekend by sleeping which I always like to do sleeping whole day long though there is lots of pressure from family. But who care it!!!

Lets talk about the precious metal Gold where last day of last week the price of Gold fall too much dramatically, I see its being much pathetic pair for everyone.

Lets have a look the chart first:







Since 30 days the price of Gold moved between 1210 to 1243 price level, I have marked it on chart. But a day before ago the price has broken the strong resistance level where I also asked on different journal about Gold analysis that if the price can break the 1210 price level then the price will go more down to and its next target will be 1180 price level. Though when market will open then the price of Gold will go little bit up but after 1 day or half of day the price will start again journey to downwards which means for short term traders I am looking forward here a potential buying opportunities,

But a big fish will be for a long term traders that for long term traders I am looking forward here a potential selling opportunities with this pair, Have a great day mates


https://d.top4top.net/p_1045vfllo0.png

gold aj ki price men kafi up ja raha is time ke price 1209 aur mere analysis k hesab se ye aj ki price men kafi down level tak jaega 1190 is price tak aur normal price 1202 ye rahege aj ke

my dear sir today of The weakness in the gold price was triggered by the key resistance level of 1238. Going forward, we expect more of consolidation for the precious metal and the consolidation range is from between 1209 and 1235. However, if the price drops below $1209, we would see bears picking up the steam. This could lead the price to 1195/1192. Resistance remains at 1228/1235.

Technical analysis of gold is bullish trend today

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:1213.24
2> Resistance level is: 1217.64
3> Resistance level is: 1221.32


Supporting level is

1> Supporting level is: 1206.63
2> Supporting level is: 1203.11
3> Supporting level is: 1199.66

i think Gold today go up and trend is bullish current price is 1209.65 and buy trend

resistance and supporting level of this pair today is with the price of stop lose and take profit

resistance level of gold today is 1213.21 other resistance is 1217.41
supporting level today is 1205.10 other support today is 1201.20

so buy gold today and set the take profit 1213 and set the stop lose at the price 1206.65

Gold is once again very risky if

gold today breaking the supporting level 1203 then once again go down and target is 1190

if not breaking this support then good bullish chance and target is once again 1230 plus but today

supporting and resistance level is important supporting level is 1203 and resistance level is 1213

Gold ke bhe ab up ke chance ban rahe hain kun ke aj ke date main yeah kafi down move kr chuka hai or es ne support ko break nh kia hai

current price hain gold ke 1206.75 or aj es ne low rate ko hit ka hai 1203.49 ko or ab good buy position main hai ap es ko buy kr sakte hain strong support hai 1202 or strong resistance hai 1213 ap take profit 1211 per rakhen or stop lose 1202 per rakh kr ese buy kr sakte hain

current lever is Gold > 1207.45

resistance lever 1 > 1210.54

resistance lever 2 > 1213.54

resistance lever 3 > 1215.87

support lever 1 > 1204.65

support lever 2 > 1202.35

support lever 3 > 1200.48

Gold price settles at 1208.40 level, and we notice that the price completed forming double top pattern that appears on the chart, which supports the chances of extending the bearish wave on the short term basis, noting that breaking 1208.40 followed by 1198.00 levels will confirm opening the way to target 1180.00 areas in the upcoming sessions.
Therefore, we will continue to suggest the bearish trend for today unless breaching 1223.00 level and holding above it. Expected trading range for today is between 1190.00 support and 1223.00 resistance.