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Today we are predicted that GOLD pair move more downward with some above mentioned conditions, so BUY trade is best and in case this pair move upward direction then possible euro zone have strong numbers due to event announcement / result, because strong and weakness condition clear on news announcement, so we are quickly modified our Signals Session.BUY entey 1281.00 sl:1270.00 TP:1286.00
GOLD Today Analysis
PIVOT POINT 1301.57
Support 1 1298.92
Support 2 1294.82
Support 3 1292.17
Resistance 1 1305.67
Resistance 2 1308.32
Resistance 3 1312.42
Sell @ Resistnace 3 TAKE PROFIT would be @ Resistance 2 or 1.
GOLD market technical analysis
market trend is going bullish
market price = 1303
Resistance levels
the market could break the first resistance at =1306
the market could break the second resistance level at =1309
the market could break the third resistance level at =1312
Support levels
the market could break the first support levels at =1300
the market could break the second support level at =1297
the market could break the third support level at =1294
Today's market technical analysis for gold
price 1309.20
market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as
1-Resistance level = 1314.22
2-Resistance level = 1320.55
3-Resistance level = 1328.66
1-Support level = 1302.55
2-Support level = 1296.77
3-Support level = 1290.00
Gold Technical analyse
current price gold / 1308.65
resistance level 1/1311.10
resistance level 2/1314.21
resistance level 3/1317.54
support level 1/ 1306.32
support level 2/ 1304.21
support level 3/ 1301.14
The precious metal is becoming very expensive in the international market over changing fundamentals. Gold prices rose during the Asian and European session after holding above the psychological resistance level of $1,300.
Gold trades at $1,308 per ounce, adding +0.29% for the day so far. It can face an immediate resistance near $1,312 while support remains near $1,306.
I would like to analyze in long term view of the pair. We can see that in H4 chart of Gold. There is a Harmonic pattern. This is a signal for reverse. So, I think the price will make a reverse and increase strongly in today's session.
current price gold / 1308.95
resistance level 1/ 1310.21
resistance level 2/ 1313.24
resistance level 3/ 1314.25
support level 1/ 1306.54
support level 2/ 1303.25
support level 3/ 1301.14
GOLD market technical analysis
market trend is going bullish
market price = 1303
Resistance levels
the market could break the first resistance at =1306
the market could break the second resistance level at =1309
the market could break the third resistance level at =1312
Support levels
the market could break the first support levels at =1300
the market could break the second support level at =1297
the market could break the third support level at =1294
Gold maximum price 1344 and minimum 1260
Support level 1 : 1302
Support level 2 : 1295
Support level 3 : 1288
Upper level 1 : 1316
Upper level 2 : 1322
Upper level 3 : 1328
************** trend sell***************