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Gold prices settled at the highest level in two weeks on Friday as indications of progress U.S.-China trade talks were seen as bullish for the yellow metal. Gold ended up 0.83% at $1,324.75 on the Comex division of the New York Mercantile Exchange late Friday, after rising as high as $1,325.80 earlier.
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currency of Gold is bearish
Resistance and Supporting level
Resistance level
High price is:1322.51
Low price is : 1321.01
1- Resistance level is:1323.32
2- Resistance level is: 1325.45
3- Resistance level is: 1327.65
Supporting level is:
1- Supporting level is: 1318.09
2- Supporting level is: 1316.92
3- Supporting level is: 1313.68
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technical analysis of Gold is buy
1.Resistance level is : 132140
2.Resistance level is :1322.50
3.Resistance level is : 132340
1.Supporting level is : 1319.20
2.Supporting level is : 1317.50
3.Supporting level is :1315.40
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Today analysis for the pair of :Gold
--- 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
Resistance level of this pair is:
1# Resistance is: 1313.59
2# Resistance is: 1316.39
3# Resistance is: 1320.94
Supporting level of this pair is :
1# Supporting is: 1304.50
2# Supporting is: 1301.70
3# Supporting is: 1297.16
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The pair could not be strengthened above the moving alligator, only that there was a breakdown of the lower zone of the fractal (support 3047) it has become a sell signal, stop above the high of 4 hour candle 3070, the breakout 3000 figures plan to add one more sale, target-2950.
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Gold prices fell in Asian trading on Monday as investors went long on the metal's traditional hedge, the dollar, over uncertainty as to whether or not Spain will request a bailout.
U.S. earnings season is gearing up, and investors sought safety in the greenback to see how companies performed in the third quarter of this year.
On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were down 0.87% at USD1,744.45 a troy ounce, up from a session low of USD1,743.85 and down from a high of USD1,746.35 a troy ounce.
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my dear sir today of my tachnical analysis is bullish trend seems to be taking place on the gold pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at 1320.64 and strong support at level 1314.10 in hourly time frame there is possible chance price will move to up side then next high price is 1326.02
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today's market technical over view for GOLD
according to market technical analysis the market have up trend
the market trend could remain in this position
expected resistance and support levels
market price ----------1324
1- Resistance level----------1327
2- Resistance level----------1330
3- Resistance level----------1332
1- Support level-------------1321
2- Support level-------------1319
3- Support level-------------1317
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Today's Technical Analysis for: GOLD
According to D1 time Frame, MCAD,ZIGZAG, RSI and SMA indicator shows that,
Today Market Trend is : Bullish
Resistance Level are:-
1> Resistance Level is : 1326
2> Resistance Level is : 1330
3> Resistance Level is : 1333
Supporting Level are:-
1> Supporting Level is : 1320
2> Supporting Level is : 1317
3> Supporting Level is : 1314
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