Gold Resistance & Support
Resistance
1-Resistance 1294.60
2-Resistance 1297.88
3-Resistance 1925.04
Support
1-Support 1290.78
2-Support 1287.62
3-Support 1288.47
Printable View
Gold Resistance & Support
Resistance
1-Resistance 1294.60
2-Resistance 1297.88
3-Resistance 1925.04
Support
1-Support 1290.78
2-Support 1287.62
3-Support 1288.47
Gold recovers from drop that took price out of the rising channel and below 1300 the prior session where the 38.2% and the 23.6% Fibos of the late Feb highs and early March swing lows were broken, testing the bottom of the cloud where it stablised and bounced back from.
However, MACD and RSI were oversold and bulls aimed for the 1300 price tag as the 50% reversion target of yesterday's move.
Hello friends,
I hope everyone will be fine and doing better trading.
My today's analyses about it.
Resistance level:
1- Resistance : 1298.63
2- Resistance : 1299.56
3- Resistance :1301.78
Supporting level :
1- Supporting : 1296.45
2- Supporting : 1295.32
Always follow the rule of money management and control your emotions to become a successful trader.
Wish you good luck everyone for a successful trading career.:yahoo:
Gold
Todays my technical analysis of gold
Market trend is buy.
RESISTANCE and Supporting level is.
1 RESISTANCE LEVEL IS =1294.75
2 RESISTANCE level is =1295.84
3 RESISTANCE level is =1297.06
And
1 Supporting level is =1290.74
2 Supporting level is =1287.65
3 supporting level is =1288.45
Its my opinion that day.
Best of luck.
............. Work work and work.............
Technical analysis of GOLD is bearish
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1294.20
2> Resistance level is: 1297.10
3> Resistance level is: 1300.15
Supporting level is
1> Supporting level is: 1290.50
2> Supporting level is: 1285.90
3> Supporting level is:1283.85
"Today i am going to telling you that the technical analysis of ... .....Gold According to my views markeet has :bullish trend
today resistance and supporting level is:
1,Resistance level is :1305.64
2,Resistance level is : 1311.27
3,Resistance level is :1320.34
Support is :
1,Supporting level is :1287.59
2,Supporting level is :1281.97
3,Supporting level is :1272.82
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
Currency pair is : Gold
Trend is : sell
Resistance and supporting level of this pair is :
Current price:1286.28
Resistance level of this pair is:
1# Resistance is: 1287.45
2# Resistance is: 1290.23
3# Resistance is: 1291.62
Supporting level of this pair is :
1# Supporting is: 1284.30
2# Supporting is: 1281.19
3# Supporting is: 1217.02
The US Dollar’s topside run has taken a pause, as prices have pulled back to a fresh weekly low on the heels of some comments from FOMC Member, Loretta Mester earlier this morning. Ms. Mester indicated that balance sheet reduction could be put on hold if need-be, and shortly after these comments made their way through markets the US Dollar had started to soften in its topside run.
Gold fell 2.46% against the greenback this week as global equity markets rallied on optimism that European officials will be able to avert a Greek default. Sentiment remains fragile however as increased volatility in financial markets and uncertainties about future growth prospects persist
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 : 1298.66
2 Resistance : 1306.22
3 Resistance : 1314.73
Supporting level
1 Supporting : 1286.95
2 Supporting : 1280.12
3 Supporting : 1274.32