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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
1 Resistance : 1305.20
2 Resistance : 1307.10
3 Resistance : 1309.55
Supporting level
1 Supporting : 1301.10
2 Supporting : 1298.80
3 Supporting : 1294.85
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HI everyone,
The current trend downward trend 1530 targets and stop loss 1526 1542 if the price went to the highest point breakers 1542 the trend reversed to the upside targeting 1545 and then 1550
GOOd LUCk
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GOLD Today Analysis
PIVOT POINT 1306.74
Support 1 1302.42
Support 2 1295.89
Support 3 1291.57
Resistance 1 1313.27
Resistance 2 1317.59
Resistance 3 1324.12
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my analysis of Gold
Pivot point is :1305.92
Parabolic indicator is : buy
Resistance and Supporting level today,s
Today Trend is:Bullish
Resistance level today,s is
First Resistance is:1303.21
Second Resistance is: 1305.56
Third Resistance is: 1307.33
Supporting levels today,s is
First Support is: 1298.21
Second Support is:1297.32
Third Support is:1295.31
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Gold
Resistance and Supporting level today,s
Today Trend is:Bearish
Resistance level today,s is
First Resistance is:1331.12
Second Resistance is: 1333.65
Third Resistance is: 1336.41
Supporting levels today,s is
First Support is: 1326.21
Second Support is:1323.52
Third Support is:1321.42
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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.
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"Hello dear members of this great community, here are my analysis of GOLD for today.
GOLD is Strong Sell according to four-hour chart. RSI(14)'s value is (26.987), STOCH(9,6)'s value is (40.307) and STOCHRSI(14)'s value is (0).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1302.27
Support 1: 1301.45
Support 2: 1300.92
Support 3: 1300.1
Resistance 1: 1302.8
Resistance 2: 1303.62
Resistance 3: 1304.15
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
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Gold
Pivot point is :1305.92
Parabolic indicator is : buy
Resistance and Supporting level today,s
Today Trend is:Bullish
Resistance level today,s is
First Resistance is:1303.21
Second Resistance is: 1305.56
Third Resistance is: 1307.33
Supporting levels today,s is
First Support is: 1298.21
Second Support is:1297.32
Third Support is:1295.31
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Pivot (invalidation): 1308.50
Our preference
Short positions below 1308.50 with targets at 1303.50 & 1300.50 in extension.
Alternative scenario
Above 1308.50 look for further upside with 1311.50 & 1315.00 as targets.
Comment
The RSI is bearish and calls for further downside.