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educational analysis. This is the first educational analysis I have done. Reason is because I played this pair almost perfectly over the past couple weeks. Feel free to reach out and let me know if you have any questions.
Understand how ABC pull backs look like and the characteristics of the approach. This will give you a better understanding on when to enter.
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GOLD is buy
1 Resistance :1554.35
2 Resistance :1529.49
3 Resistance :1494.21
1 Supporting :1468.31
2 Supporting :1433.77
3 Supporting :1373.29
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Pivot, Resistance Levels and Support Levels for
GOLD For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 1516
Resistance Level (R2): 1522
Resistance Level (R1): 1528
Pivot Point: 1510
Support Level (S1): 1506
Support Level (S2): 1500
Support Level (S3): 1492
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Xauusd
gold spot / u.s. Dollar
1510.74
usd
β0.12 (β0.01%)
market closed (dec 27 16:45 utc-5)
1510.86
prev
1510.86
open
207.074k
volume
1507.25 β 1515.19
day's range
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Today i will discuss this pair....π΄π²..
In this pair eveverybody know about this it. upward and downward movement.. ..
I see the daily chart that indicate complete downtrend of this pair.πΈπΊ
Exponential Moving Average (10) :
Simple Moving Average (18) :
Exponential Moving Average (28) :
Simple Moving Average (35) :
Exponential Moving Average (54) :
. The list of indicator those i uses are as follows.
Parabolic SRππ
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2πΉπΈ
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
Please like my post
π·Thanks youπ
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1515.58
This currency name - Gold
Resistance and Target - 1518.18
Support and Stop Loss - 1512.98
Always follow Long time frame market trend.
Signal is Sell.
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Gold- currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1509.09 - 1511.52 - 1514.99
Resistance 1 - Resistance 2 - Resistance 3.
1520.89 - 1523.32 - 1526.79
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.
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However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.
my opinion if we are using the indicators for indication the future of market if we have good knowledge of that indicator we are using on our trade then we have to use that indicator but mostly if you go on Forex chat you can do your technical analysis very well from the chart in my opinion and my analysis gbpusd is moving upward because US dollar is going weak
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Gold News. GERMANS Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases27-12-19. CHARLIE MORRIS : Gold is in a bull market β and it could have much fur.. DOUBLELINE'S GUNDLACH : Next big move in US dollar will be to the down.. INDIAN gold dealers switch to premium on holiday constrained supply27-12-19.
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today market trend for gold
technical indicator for analyzing :
Simple Moving Average : Bearish
Pivot points : Bearish
Current price : Bearish
Resistance and Support points market ke nechay janay ke haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
I recommend this trading trend for all my friends because I made this recommendation after
the great experience of trading and analysis of fundamental approaches.
If you want become Successful Trader In forex business,
do hardwork and get more knowledge and experience about forex trad