gold
Resistance UP ^
pivot point # 1566
1#Resistance 1562
2# Resistance 1564
3# Resistance 1569
Support DOWN V
1# Support 1552
2# Support 1560
3# Support 1458
Printable View
gold
Resistance UP ^
pivot point # 1566
1#Resistance 1562
2# Resistance 1564
3# Resistance 1569
Support DOWN V
1# Support 1552
2# Support 1560
3# Support 1458
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- currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1556.19 - 1557.52 - 1559.39
Resistance 1 - Resistance 2 - Resistance 3.
1562.59 - 1563.92 - 1565.79
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.
GOLD (Derived Data)
CFDS ON GOLD (US$ / OZ):TVC
1559.43
USD
+7.23 (+0.47%)
MARKET OPEN (JAN 10 16:26 UTC)
1552.20
PREV
1552.20
OPEN
0
VOLUME
1545.89 — 1560.20
DAY'S RANGE
Gold
With a huge intraday turnaround the gold bull run is being massively retraced now. Having spiked early yesterday up to $1610, gold retreated over -$50 into the close, but is seemingly not stopping there either. This has left a big shooting star candlestick. Coming at the end of a huge run higher, the corrective potency of this candle will now be a big concern for the bulls. For a couple of days now we have been wary of exhaustion signals that could usher in a correction in gold. We now have then in full view. The gap at $1553 has been filled (but not closed yet) but as we move into the European session today the selling pressure is resuming. This is driving sharp signals on RSI (below 70 is a basic sell signal) and a bear cross on Stochastics. A closing below $1553 today would mean the next corrective targets come in at $1536 and $1518. The bulls need a response and the hourly chart shows resistance now $1553/$1561.
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.
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..
Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
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hai yeh pair ,
gOLD>>
pivot point :1563
first resistance is on point : 1566
second resistance is on point :1568
third resistance is on point : 1570
In my observation the profitable next selling point will be 1574
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.>