Gold

Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.

Today's market technical analysis for gold

price 1321

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

1-Resistance level = 1328
2-Resistance level = 1336
3-Resistance level = 1344

1-Support level = 1316
2-Support level = 1308
3-Support level = 1299

today,Initial support at 1518 (May 27 low) followed by 1504 (May 23 low). Initial resistance is now at 1550 (June 1 high) followed by 1577 (All time high).

Gold has formed “Three White Soldiers ” which is a strong bullish signal. However, the market usually retrace back before the continuation of bullish momentum. The leading indicators such as RSI and Stochastics are holding above 80. So, it’s quite possible that buyers will trigger profit-taking below $1,323 today.Gold is facing a solid resistance near $1,323 trading level. In order to predict the next move, it’s very important to see gold closing today and tomorrow.

Gold maximum price 1366 and minimum 1280
Support level 1 : 1316
Support level 2 : 1308
Support level 3 : 1301
Upper level 1 : 1326
Upper level 2 : 1332
Upper level 3 : 1338
************** trend sell***************

One beneficiary of the perceived economic slowdown has been gold. Even though equities have put on a show throughout January, gold values have also been on the bull. Now it has been crossed the 1300$ point and it is too up now touched the $1325 now current price is $1320. Look and wait for breakout.

gold today prediction strategy
Strong in buy
Stop loss : 1312 and 1304
Take profit. : 1328 and 1336
Support level : 1280 and 1290
Resistance level : 1340 and 1360

Today's Technical Analysis for: GOLD

According to D1 time Frame, and MCAD,ZIGZAG and RSI indicator shows that,

Today Market Trend is : BEARISH


Resistance Level are:-

1> Resistance Level is : 1320
2> Resistance Level is : 1322
3> Resistance Level is : 1325

Supporting Level are:-

1> Supporting Level is : 1315
2> Supporting Level is : 1312
3> Supporting Level is : 1308

Technical Analysis for GOLD

Market Trend is : BULLISH


Resistance Level are:-

1= Resistance Level is : 1319
2= Resistance Level is : 1321
3= Resistance Level is : 1324

Supporting Level are:-

1= Supporting Level is : 1317
2= Supporting Level is : 1315
3= Supporting Level is : 1311

currency of Gold is bearish trend

Resistance level is:

1- Resistance level is:1321.12
2- Resistance level is: 1323.25
3- Resistance level is: 1325.06


Supporting level is:

1- Supporting level is: 1316.02
2- Supporting level is: 1314.09
3- Supporting level is: 1312.14