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The short term trend of the Gold is to the upside. Intraday trading range of the Gold is expected among key support at 1695.00 and key resistance at 1750.00. Based upon my chart analysis, I prefer to buying the Gold around 1715.00 with targets 1735.00, 1755.00 then 1780.00 and stoploss with four hour candle closing below 1700.00.
Gold today's technical analysis is Bearish
1. Resistance Level:1276
2. Resistance Level:1278
3. Resistance Level: 1281
1. Supporting Level: 1268
2. Supporting Level: 1266
3. Supporting Level: 1264
GOLD market technical analysis
- the market have current price 1272
- market have bullish trend and in buy position
- market resistance and support levels
R1 1275
R2 1278
R3 1281
Support levels
S1 1268
S2 1264
S3 1260
--Today's technical Overview,
From last two week Gold market is going up and up and has Bullish trend of Strong buy trade.
Current rate is 1272.1
--Trade Signal is "Strong BUY" to the point 1276
The XAU/USD shows a mild rejection off the near term support 1309.96. It also shows an inside bar formation right on top of the support. If the high of the mother bar breaks there's a possibility that the price might go up further. The same as the low.
Current Important Levels : 1309.96
GOLD for today's analysis by using a simple moving average on the 1 hour time frame
SIMPLE Moving average 5 1317.816000 BUY
SIMPLE Moving average 10 1317.126000 BUY
SIMPLE Moving average 20 1314.776000 BUY
SIMPLE Moving average 50 1314.437800 BUY
SIMPLE Moving average 100 1316.889700 BUY
overall trend buy
The precious metal's corrective slide on Friday, from near six month tops, stalled ahead of an important confluence resistance break-point now turned support. The mentioned support comprises of the very important 200-day SMA and 61.8% Fibonacci retracement level of the $1309.30-$1160.19 mid-June to mid-August downfall.
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gold is bearish now
Resistance and Supporting level is:
Resistance 1:1275.21
Resistance 2:1277.82
Resistance 3:1280.12
Supporting 1:1269.33
Supporting 2:1267.24
Supporting 3:1264.37
Gold trend is bearish
1, Resistance is : 1274.21
2, Resistance is : 1276.39
3, Resistance is : 1279.14
1, Supporting is : 1268.39
2, Supporting is : 1265.32
3, Supporting is : 1262.14
dears ajj hum gold ke high low check karty hain and dekhty hain gold ke history keya hai .. past 4 days ke
Prev. Close: 1,241.50
Open: 1,242.35
Day's Range: 1,241.15 - 1,246.15
Date Last Open High Low Change %
Nov 27, 2013 1245.35 1243.25 1246.15 1241.55 0.19%
Nov 26, 2013 1243.05 1253.05 1254.95 1239.45 -0.77%
Nov 25, 2013 1252.75 1240.65 1257.85 1227.45 0.98%
Nov 24, 2013 1240.55 1239.35 1243.45 1238.65 -0.20%
On the Comex division of the New York Mercantile Exchange, gold futures for February delivery traded at USD1,244.45 a troy ounce, up 0.24%. Overnight, gold prices hit a session low of USD1,239.45 a troy ounce and high of USD1,257.85 a troy ounce.
As you can see gold after failing to break through the horizontal resistance in 1321 (which ended false breakdown) almost effortlessly managed to break through the lower boundary of the triangle converging, but it continues to decrease until the mid-term is limited to the horizontal level of 1300, a figure which is a breakthrough and will be a signal to sell.