Gold

Gold Today's Technical Analysis:

Gold ka Long term trend ab Bearish hai. Ye 1316 ki price ko phir break kr sakta hai. Hm isy Long term k lye SELL kr sakty hain.

Technically Overviews;
Support 1: 1322.52
Support 2: 1320.43
Support 3: 1318.76

Resistance 1: 1326.52
Resistance 2: 1328.67
Resistance 3: 1330.52

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.

Waiting for some good entry if its able to hit the 1540 level then we see some quick raise. fluctuation is more with few minutes. The invester should wait and cheak every aspects of market. Than invester should take decision to invest in this type of securities.

ye abhi 4h chat ke strong support price level par hai...ye two times .9660 ki price ko touch kr ke up direction me gay hai..we expect this time it also go in up direction..esme 0.9722 ka tp rkh sakte hai kyo ki es level ki price pr esko support hai..jo resisatnce me convert ho skta hai.

Gold


Qeemat 1316.00

Supporting level
Support 1: 1322.52
Support 2: 1320.43
Support 3: 1318.76

Resistance level
Resistance 1: 1326.52
Resistance 2: 1328.67
Resistance 3: 1330.52

Gold is bearish

Pivot Point 1330.04

1 Resistance 1335.17
2 Resistance 1345.19
3 Resistance 1347.79

1 Support 1322.53
2 Support 1317.45
3 Support 1347.79

GOLD BEARISH

Pivot Point 1330.02

S 1 1322.52

S 2 1317.40

S 3. 1303.85

R 1 1335.15

R 2 1342.15

R 3 1347.78

Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 1329 and the pair will continue to go down to the next level at 1325 in my personal view this pair will be continue bullish trend, for intraday trading today

I advice to entry SELL Order at the level 1323 stop loss at the level 1321 and target take profit at the level 1319...

my total views on market trends.
Going with fresh mind of viewing market moving.

Non adverse effects on also gold place over a period of time, taking into account the price of gold has been Powei technology and mechanism of gold attitude is not positive, therefore, short-term is expected to decline in gold is expected to expand and touch the daily BOLL line under the rail line 1265

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