Gold
Resistance level
1.Resistance level 1560
2.Resistance level 1563
3.Resistance level 1570
Supporting level
1.Supporting level 1540
2.Supporting level 1545
3.Supporting level 1547
Printable View
Gold
Resistance level
1.Resistance level 1560
2.Resistance level 1563
3.Resistance level 1570
Supporting level
1.Supporting level 1540
2.Supporting level 1545
3.Supporting level 1547
Pair: gold
Today indicators shown bearish down short terms trend.
Pivot Point : 1566
Supporting Levels:
Support 1: 1540
Support 2: 1545
Support 3: 1547
TREND: BULLISH
Resistance Levels:
Resistance 1: 1560
Resistance 2: 1563
Resistance 3: 1570
When today the market is opened then showing down and supporting levels are also available here its not remain here this pair because h4 telling here up side that is down trends.
Gold
suporting levels are here:
support 1) 1540
support 2) 1535
support 3) 1530
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
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 2nd resistance of this pair today will be going :1570
i think best time to enter sell trade at 1570- with tp at 1520 with narrow stop loss of 1580 in short terms..
gOLD>>
pivot point :1583
first resistance is on point : 1586
second resistance is on point :1588
third resistance is on point : 1590
In my observation the profitable next selling point will be 1600
and by my mind the profitable next buy point will be 1520
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
gold
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading
gOLD>>
pivot point :1583
first resistance is on point : 1586
second resistance is on point :1588
third resistance is on point : 1590
In my observation the profitable next selling point will be 1600
and by my mind the profitable next buy point will be 1520
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
Dear i.forex members Good morning
GOLD
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down 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 downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
predictions for the day.
trading is risky if no analysis is done
Gold - is the currency pair we will be focusing on
major low levels also known as supports 1550.75
major high levels also known as resistance - 1554.95
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1554.15
This currency name - Gold
Resistance and Target - 1556.25
Support and Stop Loss - 1552.05
Always follow Long time frame market trend.
Signal is Sell.
gold 1h chart
Gold price traded in a narrow range yesterday and below the moving average line and thus gives gold a bearish trend as the price approaches the formation of a good selling opportunity for trading today, and that if the price succeeds in breaking the lowest price for trading yesterday, which is the level of support 1541
As for the opportunity to buy, it will be after the price breaches the highest price of yesterday's candle, where it is possible to buy with tp @ 1599
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