Gold is going up and we can have a buy trade on this pair
Support and resistance levels:-
S3 1300.81
S2 1304.61
S3 1306.14
R1 1309.94
R2 1312.21
R3 1316.01
Printable View
Gold is going up and we can have a buy trade on this pair
Support and resistance levels:-
S3 1300.81
S2 1304.61
S3 1306.14
R1 1309.94
R2 1312.21
R3 1316.01
GOLD Analysis
Support 1299.60
Support 1293.09
Support 1290.15
Resistance 1306.13
Resistance 1311.07
Resistance 1314.62
The prevalent USD selling bias continues to benefit the commodity.
• Bulls seemed rather unaffected by a fresh wave of global risk-on trade.
• A modest uptick in the US bond yields might cap gains ahead of FOMC.
Gold continued gaining positive traction through the mid-European session and is currently placed at three-day tops, around the $1310 region.
GOLD analysis Today
Major support and resistance Points:
Support 1301
Support 1397
Support 1388
Resistance 1304
Resistance 1311
Resistance 1317
My own analysis For this pair GOLD
Pivot Point is 1303.01
Support 1 1299.21
Support 2 1294.79
Support 3 1286.57
Resistance 1 1307.43
Resistance 2 1311.23
Resistance 3 1319.45
Trade at your own risk
Gold Price Forecast – Gold markets gapped higher to kick off TuesdayGold markets gapped a bit higher to kick off the day on Tuesday, reaching towards the highs from the last week. That being the case, it looks like we could try to go higher but obviously were to get a lot of volatility as the Federal Reserve comes into play
Pivot Point is 1303.01
Support 1 1299.21
Support 2 1294.79
Support 3 1286.57
Resistance 1 1307.43
Resistance 2 1311.23
Resistance 3 1319.45
Trade at your own risking
https://www12.0zz0.com/2019/03/19/22/296532914.png
The price of gold remains steady above 1302.60. Therefore, the bullish trend will remain valid for the coming period, as the intraday bullish channel appears to be awaiting the initial test at 1320.00 while the price needs to stabilize above 1302.60 and 1293.00 for continued bullishness.
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 : 1312
2 Resistance : 1318
3 Resistance : 1324
Supporting level
1 Supporting : 1300
2 Supporting : 1294
3 Supporting : 1288
today's market technical over view for gold
according to market technical analysis the market have down trend
the market trend could remain in this position
expected resistance and support levels
market price ----------1304
1- Resistance level----------1306
2- Resistance level----------1309
3- Resistance level----------1312
1- Support level-------------1301
2- Support level-------------1298
3- Support level-------------1295