-
Gold reached a level of resistance at 1840.52. Upon successful breakthrough at these levels, precious metals will begin restoring lost positions yesterday. An unsuccessful test of these levels, gold will make a correction to the short diagonal support in 1806.50/1807.50. There is narrowing of the range upward, resembling trigagalnik. Technical indicators give a buy signal.
-
GOLD Trend is down
1 Resistance level:1535.32
2 Resistance level:1521.18
3 Resistance level:1506.23
1 Supporting level:1495.11
2 Supporting level:1434.29
3 Supporting level: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.
-
Gold Analysis:
Trend; Bullish
Moving Average: Buy
Pivot Point -> 1520
Support 1 -> 1519
Support 2 -> 1516
Support 3 -> 1513
Resistance 1 -> 1522
Resistance 2 -> 1525
Resistance 3 -> 1528
-
-Gold price shows positive trading to head towards testing
the broken support that turns into resistance at ,
as long as the price is below this level, so our bearish trend expectations 98% will remain active for today,
supported by the negative pressure 72.00% that comes from the EMA50,
reminding you that our next main target is located at sell
The expected trading range for today is between support and resistance.
The expected trend for today: Bearish
-
Pivot points
1528.75
Resistance 1=1530.75
Resistance 2=1531.75
Resistance 3=1533.75
Support 1=1527.75
Support 2=1525.75
Support 3=1524.75 `
-
sift through the mud. Then again, who would determine the star rating? Wouldn't he be the person to ultimately listen to?
After reading several articles on the current Forex market situation, among several well known Forex web sites, you will discover that the market today is a great place to sell because we have not yet sufficiently tested the lows. You will also find that the market today is a great place to buy because the lows have held and are showing great support in this range.
Two sets of opinions based on the same gathered data, and neither contradicting the other's data. A weaker person would develop a nervous twitch from this confusion. Particularly when you consider the obvious – they're both right! So, does it come down to a coin toss?
Do some research. There are Forex trading groups all around the Internet. With a little research, you can find out which are the most successful and some even have mentoring programs. Don't stay married to any particular group. If it isn't working out for you, move to something else. Eventually, you'll find yourself in a comfortable group with people you can interact with, share ideas (both similar and contrary), and it will give you more confidence when you're trading. The Forex broker you use may have suggestions as to where you can find appropriate groups, or may even have groups available through their website.
-
Resisrance level 1562
Support level 1530
Thanks shukria for the help
-
Today market trend is SELL
Dear friends today Market trend
is natural so i sugest please wait for good
entry point becasue fibionic retracement
is percent and all over trend is SELL
some indicators like
moving avarages 11.89%
bolinger band 74.5%
parabolic 52.20%
market trend is SELL
-
Analysis for (XAUUSD) 24/9/2019 (07:30 AM GMT)
https://indian-forex.com/customavatars/136605062.png
Resistance 3: 1540
Resistance 2: 1535
Resistance 1: 1527
The pivot point: 1520
Support 1: 1509
Support 2: 1503
Support 3: 1493
The expected scenario:
Breaking 1527 up to 1535 then to 1540
The opposite scenario:
Breaking 1509 down to 1503 then to 1493
:yahoo: