Gold

GOLD TODAY ANALYSIS

MARKET TREND BULLISH

PIVOT POINT 1279.44

Support 1 1270.10

Support 2 1263.61

Support 3 1247.78




Resistance 1 1285.93

Resistance 2 1295.27

Resistance 3 1311.10

The metal is facing now the level of 1579.00, where a breach of this level might trigger the extension of the downside movement . The metal breached this level indeed, but yet further confirmation is needed. In general, our morning expectations remain valid, supported by the symmetrical triangle shown above on the chart

GOLD Analysis

support and resistance

Support 1286

Support 1273

Support 1274


Resistance 1284

Resistance 1297

Resistance 1295

Today's Discussion About Gold.
currently going up as usdx falling today so we can buy this metal just for short term however strong trend is bearish trend so sell at higher price.

Classic support and Resistance of Gold

Resistance,

Resistance 1 1278.70
Resistance 2 1280.74
Resistance 3 1281.85

Support,

Support1 1275.29
Support 2 1273.20
Support3 1271.47

S&P 500 stock index futures positioning point to more of the same on Wall Street, but as noted above, a relief rally in risky assets seems like a distinct possibility and may trim gold’s advance.

To-day Gold Resistance & Support

Resistance level
1 Resistance level 1279.36
2 Resistance level 1272.48
3 Resistance level 1274.30
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Support level
1 Support level 1276.70
2 Support level 1273.64
3 Support level 1275.45

To-day Gold Resistance & support

Resistance level
1 Resistance level 1279.36
2 Resistance level 1272.48
3 Resistance level 1274.30
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Support level
1 Support level 1276.70
2 Support level 1273.64
3 Support level 1275.45

The way I see it, due to seasonal strength in gold, a new high will be printed very soon in september. There will be room time-wise to get in long upon a retrace to 1780-1800 area for a target of 1940-1960, which is expected to be delivered by end of

Trend GOLD buy mai hai aur apky leye suggest krnga k ap further study kary trend ko aur phir trade kary.

Support and resistance level :

| Resistance 1: 1279.37
| Resistance 2: 1283.40
| Resistance 3: 1287.10

| Support 1: 1273.10
| Support 2: 1269.21
| Support 3: 1260.50

Aur hamisha low risk low lot size k sath trading kary.

the price has been break the fib 61.8 level and the support of 1290.00 the price is also moving below the pivot point 1292.87 so more down trend can expected. if the price is break 1280.00 level then this will be falling down to the support at 1250.00
good luck.