Gold

Gold > BULLISH

PIVOT POINT > 1494.36

S1 > 1488.24

S2 > 1484.45

S3 > 1478.33

R1 > 1500.48

R2 > 1504.27

R3 > 1510.39

GOLD Trend is sell


1 Resistance :1554.31
2 Resistance :1529.44
3 Resistance :1494.22

1 Supporting :1468.33
2 Supporting :1433.76
3 Supporting :1373.27

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.The trading rang for today is among the major support @ 1498 and the key of resistance @ 1511.
The general over short term basis is to the upside targeting 1511 as far as area of 1520 . I closed my buy order and just watching the movement, waiting for some good entry if its able to hit the 1540 level then we see some quick raise.

GOLD

PIVOT POINT 1479

x Resistance 1497
y Resistance 1491
z Resistance 1499


x Supporting 1497
y Supporting 1495
z Supporting 1498

CFDS ON GOLD (US$ / OZ)
TVC
:GOLD (Derived Data)

1503.50
USD
+4.20 (+0.28%)
MARKET OPEN (DEC 26 07:25 UTC)
1499.30
PREV
1499.47
OPEN
0
VOLUME
1497.64 — 1505.50
DAY'S RANGE

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.

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.

Time Frame - 4 Hour
Currency pair - Gold
Buy @ - 1507.15
Stop Loss - 1496.95
Take Profit - 1519.15
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.

GOLD

Today Market Trend Is Bullish


Resistance 1554.37
Resistance 1529.45
Resistance 1494.23

Supporting 1468.39
Supporting 1433.77
Supporting 1373.29

Gold price breaches the resistance

Gold price achieved clear breach to 1489.00 level and settled above it, which stops the correctional bearish scenario and leads the price to return to the main bullish track again, on its way to achieve gains that reach 1556.70 on the near term basis.



Therefore, the bullish trend will be suggested for today, supported by moving above the EMA50, noting that the expected rise depends on the price stability above 1489.00.



The expected trading range for today is between 1490.00 support and 1520.00 resistance.



The expected trend for today: Bullish