Gold

Gold

today trend is: sell

MACD is:sell
Alligator:sell
Parabolic:sell

Current Price is :1273.68

Resistance and Supporting levels is :



Resistance level:

1- Resistance : 1275.66
2- Resistance : 1278.79
3- Resistance :1280.99


Supporting level :

1- Supporting : 1271.30
2- Supporting : 1269.12
3- Supporting : 1267.02

Gold holds stable below $1275 level, FOMC minutes awaited.

Gold failed to capitalize on the overnight late rebound from over two-week lows and traded with a mild negative bias through the early European session on Wednesday.

A modest US Dollar pullback on Tuesday - led by a sharp intraday spike in the British Pound, underpinned demand for the dollar-denominated commodity and helped stall the recent pullback from levels just above the key $1300 psychological mark.

GBP/USD is in focus as the next two days bring Central Bank rate decisions from each economy represented in the quote. The Federal Reserve announces their rate decision tomorrow, and Thursday morning brings the Bank of England’s Super Thursday rate decision, which means a press conference and updated projections to go along with the rate decision.

gold prices

today gold prices look going to be high . in some coming days i hope gold prices will be rises due to america and china dispute ..

GOLD Analysis Today
Market Trend in Buy

PIVOT POINT 1273.62

S1 ) 1269.73

S2 ) 1265.21

S3 ) 1261.32


R1 ) 1278.20

R2 ) 1282.06

R3 ) 1286.76

Gold will continue to drop down with huge probability We can open sell near $1275 - $1279 Goal $1269


1 Resistance is: 1312
2 Resistance is: 1365
3 Resistance is: 1396



1 Supporting is: 1245
2 Supporting is: 1213
3 Supporting is: 1181

Gold


pivot point is:1280.75

Parabolic is:sell
Moving average is:sell

So Resistance and Supporting Level is,,,,

Resistance Level is:

1,Resistance is:1275.66
2,Resistance is:1278.74
3,Resistance is:1280.90

Supporting Level is:

1,Supporting is:1273.41
2,Supporting is:1271.20
3,Supporting is:1269.02

Technical analysis of Gold is sell

Resistance and Supporting levels is :



Resistance level is

1> Resistance level is:1273.79
2> Resistance level is: 1274.15
3> Resistance level is: 1275.54


Supporting level is

1> Supporting level is: 1273.12
2> Supporting level is: 1272.66
3> Supporting level is: 1271.74

Gold prices fell yesterday in response to the resumption of US dollar growth due to the increase in US bond yields. In addition, investors reacted positively to the minutes of the FOMC meeting which confirmed the regulator's willingness to raise interest rates at the September meeting.
The escalating trade conflict between the United States and China provides more support for the safe dollar of gold. New mutual duties were implemented yesterday, as there was no significant progress in negotiations in Washington.
Today, investors are waiting for Federal Reserve Chairman Jerome Powell's address at the Jackson Hole Symposium. He will report on monetary policy in the changing economy. The market is also waiting for comments by the Chairman of the Regulatory Authority regarding the recent cash statements of President Trump.

In terms of support and resistance

On the daily chart, the Bollinger Bands are constantly dropping. The price range is narrowed slightly above, reflecting the recent opaque trade. The MACD is growing, maintaining the buy signal (the histogram above the signal line). Stochastic is reflected downwards, reflecting the risk of corrective dynamics of excessive gold development.

My dear Sir today's off my technical analysis is support and resistance level off Gold buying strong to👈👈


Resistance level👈👈1206.56
Resistance level👈👈1200.53
Resistance level👈👈1197.57


Supporting level👈👈1188.57
Supporting level👈👈1181.46
Supporting level👈👈1179.67