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Gold .👈
My expressions to this.
Trend is . . . . . . bullish
Position is . . . . . . sell
Markeet rate is . . . . . . 1488
According to this way my opinion is sell now .
I think it can move to the down side after the short term .
H4 frame show us bearish trend .so take care from up way .
Thanks .
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The market looks directionless today, in fact it lacks firmness and looks confused especially about the usd jobs data, I think it will remain in the same situation until there is no effective news or guarantee from a higher authority. It is still positive that he found supoprt in 1625 again and made a good recovery. Still slipping under 1640 again and again is not a good indication in my view. and gold touched the level of 1628 last week. so we need a retracement. gold can touch the level of 1670 in the next week. support is seen at levels 1605 and 1580. on the other hand resistance is seen at levels 1655 and 1685. gold is on the road to 1700 in my view.
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1. Review yesterday's GOLD movement: Opening of gold at 1588.80. The price of the movement starts with strengthening to 1590.60 then goes down to 1587.70 then to 1595.70. After the price falls again reaching their lowest point (1585.10), it rises back to the highest point at 1599.60. Gold closed at 1593.20 (instaforex server).
2. Analysis of today's trends with the SMA system:
sma 16 as an indicator of short-term trends = down
sma 96 as an indicator of the medium-term trend = down
sma 480 as an indicator of long-term trends = down
So the trend is going down strongly.
3. Stochastic (5,3,3) / mrenstein stochastic signal levels:
tf m15: 17.06
tf m30: 11.49
tf h1: 8,42
tf h4: 14,54
tf d1: 11.00
4. Possible price movement today: After breaking through the 2 levels daily support, the price will go to 1571.17 as a 3 level daily support, but look at the stochastic all the data above, they are all in the oversold area. This indicates that the price will retrace before dropping again. . If the price movement rises, it will return to the opening of the Asian price session.
5. Pivot, resistance, and support levels today:
p: 1592.63
r1: 1600.17
r2: 1607.13
r3: 1614.67
S1: 1585.67
s2: 1578.13
s3: 1571.17
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gold
StdDew & Mcad are main factors which also giving the SELLYing signals.
time frame of H1,H4 also on selling signals.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest resistance of this pair today is:1502
today suitable selling point is :1501
NOTE: these my personal analysis on market todays trend.
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Pair: GOLD
Today indicators shown bearish short terms trend.
Pivot Point : 1490
Supporting Levels:
Support 1: 1472
Support 2: 1470
Support 3: 1462
TREND: BULLISH
Resistance Levels:
Resistance 1: 1500.01
Resistance 2: 1499.44
Resistance 3: 1488.71
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
Small risk gain big apportunity.
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yup ! yesterdaythe downtrend started for gold. i am right.
but today thoda gar bar hei. today will go down continue. now price 1581.50 i hope this will go down continue.
I LOVE INDIAN FOREX
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Today markey trend anaylasis BUY..
gold is very high support in market. The market value is low to the actual worth. In future the market value cross the intrinsic value. According to my opinion the stock price will be increase in future.
The investor should be invest in this type of security. According to technical anaylasis the stock is purchased. If my opinion is helpful for you plz thanx my post.
Humain BUY main trade lgani chaye..
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Today Market analysis and trend:ßuy
Current price , Previous price
And
Resistance points , Support points given is message about market up
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are strong signals about market up so could the trading of ßuy
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading
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Its post from locky........
Who tell you about the importance of the trading pair.......
As this pair we know that .it is the most important pair for trading in daily routine..
Its movement up and dowm shown its importance than compare others. Big movement of every pair also because of news .News of donald trump is most important. About USA and Chaina trades...
I am doing trading on this pair . After the analysis of moving arevages . Parabolic SR.
And also Use MACD trend analysis . . It always gives me much of profitable trades ...
●•°Good luck for your trading.................●•°
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Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.