Gold

Gold

current price is 1284.64
Resistance and Supporting

Resistance 1 - 1283.43
Resistance 2 - 1284.72
Resistance 3 - 1287.89

Supporting 1 - 1280.70
Supporting 2 - 1278.75
Supporting 3 - 1276.41

XAU/USD continues to be on traders radars. The massive $180 drop over the past few days has many skittish. The metal was able to tack on a limited amount, but nothing near a definable rally

Gold

Todays my technical analysis of Gold


Current price is =1281.30


Resistance and Supporting levels


1 RESISTANCE =1284.60

2 RESISTANCE =1288.70

3 RESISTANCE =1292.20



1 Supporting =1278.50

2 Supporting =1274.20

3 supporting =1270.15

Hello there I have time to get together with you and your team for training of trade

Gold on the Comex division of the New York Mercantile Exchange traded in a choppy fashion Wednesday as some investors booked profits and the dollar rebounded; nevertheless, prices will remain well supported until a deal is struck to raise the US debt ceiling.

DJIA on rally last nite.. gold were joint comm ccy to upside move.. as us index moving avergence with gold .. it was a noise signal...nothing much to predict

Currency Pair => Gold
Hour 4 Signals => Sell

Support & Resistance levels:

Support Level 1 => 12.70

Support Level 2 => 12.67

Support Level 3 => 12.63

Resistance Level 1 => 12.77

Resistance Level 2 => 12.80

Resistance Level 3 => 12.85

Gold is a chemical element with symbol Au and atomic number 79, making it one of the higher atomic number elements that occur naturally. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element.

Gold is sell
1 Resistance level 1283.02
2 Resistance level 1286.50
3 Resistance level 1287.66

1 Support level 1282.75
2 Support level 1279.47
3 Support level 1274.15

Price is currently moving downwards, making a series of impulses, corrections and continuations. Therefore, bear flag patterns are written all over Gold's wall. I will expect to take a short position once prices breakout of the bear flag pattern and target the 1270 price level. If prices can break below the 1280 level and push to the downside, it could be a good...

1 Resistance 1284.55
2 Resistance 1288.45
3 Resistance 1292.10

1 Support 1278.65
2 Support 1274.27
3 Support 1270.11