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the price goes down sharply yesterday. 1296.20 price to penetrate the area. This further strengthens the case if the daily MA has been trending down sharply, and is under the daily MA MA weekly trending down. there is no other option than sell. if you want to sell wait for the price bounces around MA daily. likely the price will go to 1280.10. but if it fails to be heading 1296.20
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Gold Trend is buy
The Pivot Point is 1331.56
R-3 = 1373.89
R-2 = 1327.52
R-1 = 1316.30
S-1 = 1314.95
S-2 = 1289.23
S-3 = 1284.42
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Hello all my lovely traders,.
Today by checking the all previous routine of the chart and indicator I have come to know that today the market of gold will move in down way so I suggested that today we should choose the option of buy for trading Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friend
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aj ka mera analysis ye rahy ga
pivot point 13.20
Resistance : 1346
Resistance : 1341
Resistance : 1335
Support : 1321
Support : 1311
Support : 1308
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Gold ka 1 bahut strong resistance lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega..
So for gold i would recommend you guys to wait and watch
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GOLD .....BEARISH
Pivot Point .....1330.04
S 1...1322.52
S 2...1317.41
S 3...1303.89
R 1...1335.15
R 2...1342.17
R 3...1347.78
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"Hello dear (indian-forex) members of this great community, :) Today I want to share with you my intraday analysis of GOLD. :)))
GOLD is Strong Buy according to four-hour chart. RSI(14)'s value is (45.498), STOCH(9,6)'s value is (62.264) and STOCHRSI(14)'s value is (65.614).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1328.77
Support 1: 1328.37
Support 2: 1327.86
Support 3: 1327.46
Resistance 1: 1329.28
Resistance 2: 1329.68
Resistance 3: 1330.19
According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! :happy: :peace:"
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Given the recent news reports flashing mixed signals concerning the US-China trade deal, swift in risk sentiment helps the gold prices to recover yesterday’s losses while taking the rounds near $1329 during early Tuesday.
Technical Analysis
Sustained break of March month high, around $1327.80, becomes necessary for the safe haven to revisit $1311 and 21-day simple moving average near $1300, failure to do so can again propel the metal to aim for $1350.
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Follow the trend is the key in big markets and even if there is a big reversal ongoing, notice my trade today from 1195 where BTC yesterday showed weakness on 4h chart and has since really nicely evolved. Now +100 pips, can easily lock at 50 profit and wait for some more move to maybe somewhere 1175 to collect full profit and then look on the price whether there is something bigger ongoing behind or this is just another entrancement.
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My analysis on this pair today trend of the market is :SELL
Moving average for daily basis down on: SELL
All technical and fundamental news are shown that today market going with
SELL trend and we will hope thats good for our todays trading is much better then other days.
Keep going on SELL trend and opening with 1328 to down for getting profit today...
thnx everyboday.