GOLD Trend is sell
1 Resistance :1535.37
2 Resistance :1521.16
3 Resistance :1506.23
1 Supporting :1495.15
2 Supporting :1434.21
3 Supporting :1400.32
Printable View
GOLD Trend is sell
1 Resistance :1535.37
2 Resistance :1521.16
3 Resistance :1506.23
1 Supporting :1495.15
2 Supporting :1434.21
3 Supporting :1400.32
Pivot points1502.53
Resistance 1=1504.01
Resistance 2=1506.13
Resistance 3=1507.61
Support 1=1500.41
Support 2=1498.93
Support 3=`1496.81
GOLD is Bearish
@ Resistance 1535.35
@ Resistance 1521.19
@ Resistance 1506.25
@ Supporting 1495.19
@ Supporting 1434.23
@ Supporting 1400.35
Gold price did not show any strong move yesterday, to remain stable near the main bullish trend line, noticing that stochastic gathers the positive momentum and approaches the oversold areas, waiting to motivate the price to resume the bullish bias in the upcoming sessions.
Therefore, we will keep our bullish overview conditioned by the price stability above 1485.00, reminding you that our targets begin at 1524.00 and extend to 1555.00 after breaching the previous level.
The expected trading range for today is between 1485.00 support and 1525.00 resistance.
The expected trend for today: Bullish
Pivot Point 1511.53
1 Resistance 1517.76
2 Resistance 1521.60
3 Resistance 1527.25
1 Support 1505.30
2 Support 1501.46
3 Support 1495.23
GOLD Trend is sell
1 Resistance :1535.38
2 Resistance :1521.17
3 Resistance :1506.24
1 Supporting :1495.16
2 Supporting :1434.22
3 Supporting :1400.35
It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
Having broke the uptrend trendline now, we cannot say that eurusd will now continue the long-term downtrend. We still have several bottom/supports below to contend with, 1.1717 and 1.1553, which should hold eurusd from going down. Although eurusd has already made a long move down now, it is the view that eurusd will still continue down as it has still strong momentum. And with that we have bottom/supports at 1.1717 and 1.1553 as possible targets.
gold abhi thoda niche aa sakte he. uske baad ye phir upor jayega aaj.
buy pending at 1598.80 tp and sl aap kuch $ ka lav ya loss lekar close kar sakte he.
It is the current view that usdchf is continuing the downtrend. Making a top at 0.9845 Wednesday, January 10, usdchf continue the downtrend that start at the top at 0.9977, so we have enough reason to believe that usdchf continue the downtrend. Usdchf has now reached the lowest at 0.9697 which already broke the last bottom at 0.9699. Also, usdchf show strong momentum down still so usdchf possibly continue the downtrend.
It's almost 3 months now that eurusd has been on the downtrend since the last top at 1.25548, February 16, 2018. Since then eurusd has been sideways keeping above the uprend trendline. Since last 2 weeks ago, eurusd has broke the uptrend trendline and eurusd now show downtrend. Having broke the uptrend trendline, when now will eurusd make bottom and reverse up.
today i am predicted this gold pair have being bUllish UP direction.
the price is break Resistance and Trend Line and it is Flying UP side with having the Long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a UPward direction
in addition to that we can see a BUY signal on the MACD indicator.
I suggest to take LONG terms position on BUY today.
time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade.