Gold

Gold in markeet
Today i realise that markeet of gold has great
Strenth for selling options .it can improve more
Like as ask 1263.08
Bid . 1263.68
Open at 1257.16
Minimum 1256.74
Miximum 1263.89 . may be chart can
Show us +5.92 . +0.47% . thats over all thanks

The trading range for today is among the key support at 1530.00 and key resistance now at 1638.00.
The short-term trend is to the upside with steady weekly closing above 1475.00 targeting 1945.00.

For short term trader in gold there is a good technical today because if we look the chart in the picture above, gold go to up after touched monthly support level 2 yesterday in american session.

In asian market today ma 16 had crossed up ma 96 .It can indicate that the price will go up, below trend analysis today with ma system:
ma 16 as short term trend indicator= up
ma 96 as medium term trend indicator= sideways
ma 480 as long term trend indicator = down
So the trend is up weak short term

New York Mercantile Exchange traded in a choppy fashion Wednesday as some investors booked profits and the dollar rebounded; nevertheless, prices will remain well supported until a deal is struck to raise the US debt ceiling.

Gold prices barely experience any movement, maintaining strong gains in the previous session as the U.S. dollar weakened from 1-month high, but gold prepared to weekly fall.Although the sentiment is still pressing gold, but these assets are forming a pattern of minor uptrend since last month, appealing to in the event of minor accumulation pullback to the intersection of 5-10-20 days moving average. Entry: 1758, Target: 1807, Stop: 1740.

After understanding the analysis I am trying to discuss Gold pair today.

After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.

Trading recommendation for a big profit is… ( buy )

I use the moving average for analysis

Moving Average (period 60) Red: state
Moving Average (Period 10) Yellow: up
Moving Average: (Period 200) green: state
Crossing Point: 1252.62
End point of today market: 1263.55

Daily (SA148P) updates for Gold

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Standard Support – Resistance:
Resistent3: 1265.70
Resistent2: 1262.33
Resistent1: 1260.25
Pivot level: 1256.88
Support 1: 1253.51
Support 2: 1251.43
Support 3: 1248.06


--- Trading opinion for the best profitable trade: Open Buy ---

I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck

Gold hit a fresh record high of $1878.15/oz and the near-term rally may gather pace in the following week as market participants continue to look for an alternative to the reserve currency

-Today's Overview.
The pair's market is going up and up from last week and it may go up today as well.
The current rate is 1263 which may go up to the point 1266
-So I recommend "Strong BUY" trade.

Gold today Technical analysis is good bullish trend

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:1233.55
2> Resistance level is: 1237.21
3> Resistance level is: 1241.52


Supporting level is

1> Supporting level is: 1225.61
2> Supporting level is: 1221.01
3> Supporting level is: 1217.17

dear last few day,s gold over all trend is bullish last week hit the low price 1211 some and go up and close the market 1232.39
i think now trend is good bullish trend and the next target is 1250+ soon in this week or in this month so trend is good bullish

Resistance and supporting level of gold is

Resistance level 1237.41 and other resistance level is 1243.14 if break both resistance then target is 1250+

and strong supporting level is 1221.36 so trend is good bullish now and set the take profit at the price 1236.69 and set the stop lose at the price 1225.04 i think today trend is good bullish trend and go more up once again ,,,