Gold

Gold if offering upside reversal signs and that is normal with the completion of the Deep Harmonic Pattern, where its CD leg was an IM wave. We believe that there is a good chance for the upside move to resume to test 23.6% correction of CD leg at 1561.00 then move to the first target of the harmonic patter at 38.2% correction at 1582.00. Breaching areas of 1510.00 weakens the positive expectations, while a breach of 1498.00 negates it.

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.

We expect gold to fall back to the main bullish trend line around 1273 which we expect gold to break the upside trend line to target the 1260-1235 levels, and this scenario fails in stability at the 1298 level.
The alternative scenario is to break gold to 1298 levels targeting 1309-1325 levels.

today's market technical analysis for GOLD

market trend is going bearish
the market have good position for sell
market resistance and support levels could as

current price =1300

1-Resistance level =1302
2-Resistance level = 1304
3-Resistance level = 1307

1-Support level =1298
2-Support level = 1295
3-Support level =1293

Gold is showing bullish trend and it will go up the day

Signal:- sell

Support and resistance levels:-


S3
1296.15S2
1298.52
S1
1299.91
P
1300.89
1299.91

GOLD

Resistance : R1 1270.36 R2 1279.81 R3 1298.56 R4 1336.06
Support : S1 1258.99 S2 1249.54 S3 1230.79 S4 1193.29

Open : 1267.37
High : 1268.29
Low : 1261.06
Range : 723 Pips
Running Price : 1262.56

Strategy : BUY at the level 1262.56 stop loss at the level 1258.99 target take profit at the level 1298.56 or at the level 1336.06

technical analyse gold
this is a sensitive price rate
the price gold buying point is 1303.22 and the selling point 1303.15

<< GOOD LUCK DEAR SIR >>

my analysis of Gold

Resistance and Supporting level today,s

Today Trend is:bullish

Resistance level today,s is

First Resistance is:1305.24
Second Resistance is: 1307.86
Third Resistance is: 1309.52


Supporting levels today,s is

First Support is: 1299.34
Second Support is:1297.41
Third Support is:1295.32

Technical analysis of Gold is buy

Resistance and Supporting levels is :

Resistance level is

1> Resistance level is:1304.25
2> Resistance level is: 1306.47
3> Resistance level is: 1308.32


Supporting level is

1> Supporting level is: 1300.11
2> Supporting level is: 1298.52
3> Supporting level is: 1296.35

Today's Technical Analysis for: GOLD

According to D1 time Frame, it seems to be
Today Market Trend is : Bullish


Resistance Level are:-

1> Resistance Level is : 1303
2> Resistance Level is : 1305
3> Resistance Level is : 1307

Supporting Level are:-

1> Supporting Level is : 1298
2> Supporting Level is : 1295
3> Supporting Level is : 1292