Gold

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Gold has formed a spinning top candle at the main resistance level at 1685.00 which indicates further bearish movement. A break below the 1675.00 may accelerate the bearish momentum of the pair. According to my chart analysis, I prefer to selling the Gold below 1685.00 with targets 1675.00, 1663.00 then 1647.00 and stoploss is above 1695.00.

The price of gold was able to achieve a daily closing above the 1678.00 level and still is now stable above the important sub _support at 1670.00 where stability above this level keeps the list of opportunities for achieving high intarday

Spoiler:

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On the hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI line cross above the 50 area, indicates the trend is still up
Recommendation: BUY
Take profitt: 1696,07
Stop Loss : 1673,

For gold now expect volatility as possible connects to 1690.00 and bounce in the case riddled and continued to climb expect possible connects to 1710.00 and bounce

Gold his last hour candle put everything in its place, neither of which the south will not have to say, the price of high pulse candle made ​​a sharp turn, and broke all the same medium resistance level 1683, now waiting for my entry in the purchase, my target of 1690, 1700 figure.

Gold broke above 1685 but in general, that the top speed is not expected there is still a lot of resistance, and the next mark in 1700 .... unless of course price fixed above, I think you can try to look at the shopping .... and it appears from the chart will be very hard for a good raschitivat pribil ...

I think Gold is in bullish momentum after the great bullish movement that we can see on H4 time frame on the last US session. So, I think Gold has a potential to continue the bullish momentum today.
Gold may reaches the resistance level at 1694.12, then if Gold also can break that resistance, it will open a way for Gold to continue bullish movement to the higher resistance level at 1705.19.

सोने के बाजार गुरुवार सत्र के दौरान प्रारंभिक कमजोरी के बाद एक बहुत मजबूत दिखा था.के रूप में व्यापारियों के लिए वर्ष के अंत में अपने पुस्तकों के समापन के बाद लंबे समय से पदों पैर जमाने है, यह समझ में आता है कि जनवरी में अभी तक सोने पर एक और बैल को देखता है. के साथ यह सब कहा जा रहा है, यह 1700 डॉलर के स्तर की तरह लग रहा है इस बाजार में अगले लक्ष्य है.

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Gold breaks the 1685.00 resistance and reached at next resistance at 1695.00 where 50 Day SMA also resides, Here two possibility originates, if the Gold breaks the 1695.00 levels than there is positive sign for gold on the other hand the resistance and the 50 Day SMA play role and Gold faces a reversal. Therefore we stay away at this time to get more confirmation for the upcoming big move.

I do not know about gold trading what i know about is forex trading but from my own understanding i think there is a slight difference between gold trading and currency trading.