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Technical analysis of Gold is bearish trend
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1332.41
2> Resistance level is: 1333.65
3> Resistance level is: 1335.48
Supporting level is
1> Supporting level is: 1326.08
2> Supporting level is: 1323.39
3> Supporting level is: 1321.20
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I am also considering this. The left shoulder isnt the cleanest but a sell stop on the neckline s looking tempting as well hahaha. Im more of a swing trader/position trader but looking at potentially lower job reports could send gold up. I am already in other trades as well so I may sit this one out. Also i dont like how it is pushing out of a range. I will stay out. But man I saw a similar set up like this on GBPNZD and it is the exact same set up but GBPNZD was much cleaner H&S
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Gold
After observing the markeet i am writing this that
Position of markeet stand now at buy .
Crunt rate is 1303.60 .its movemint show that it can resist at 1308 to 1312 .if you agree tben trade now.
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Pair is Gold
Todays my technical analysis of gold
Todays open the market is sell trend.
Pivot points is =1306.68
1 RESISTANCE LEVEL IS =1312.85
2 RESISTANCE level is =1316.98
3 RESISTANCE level is =1323.12
1 supporting level is =1302.55
2 supporting level is =1296.40
3 supporting level is =1292.85
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Gold market is a very dangerous place for trade , but expert trader can easily make profit by Gold trading . Newbie trader shouldn't try to trade on gold , because gold market move mysteriously . Brokers take high spread for gold trading . Gold trading is perfect for skills trader .
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tHERE IS A STRONG RESESTENSE AT GOLD AT THE PRICE OF1550.There is too difficult to break this point.but if the gold is high from it than it easily come towaed down trend.
So for gold i would recommend you guys to wait and watch.
Best of luck buddies.
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The present pattern descending pattern 1530 targets and stop misfortune 1526 1542 if the cost went to the most astounding point breakers 1542 the pattern turned around to the upside focusing on 1545 and after that 1530
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trend Gold ka Clean buy mai hai aur apky leye suggest krnga k ap further study kary trend ko aur phir trade kary.
Support and resistance level are given below ↓↑↓
| Resistance 1: 1309
| Resistance 2: 1316
| Resistance 3: 1324
| Support 1: 1301
| Support 2: 1296
| Support 3: 1288
Aur hamisha low risk low lot size k sath trading kary.
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my analysis of Gold
Resistance and Supporting level today,s
Today Trend is:Bullish
Resistance level today,s is
First Resistance is:1305.21
Second Resistance is: 1307.56
Third Resistance is: 1309.33
Supporting levels today,s is
First Support is: 1299.21
Second Support is:1296.32
Third Support is:1293.31
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Gold Price Forecast – Gold markets break major levelGold markets broke above the $1300 level during early trading on Wednesday and continues to grind higher. This has been a very bullish move, and it looks as if the Gold markets are starting to pick up more momentum.