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The gold market is struggling to find consistent momentum and it may be time for the red hot metal to cool down, according to Carley Garner, co-founder of DeCarley Trading.
Garner said that after gold’s run, which saw prices hit a 7.5-year high last month, a correction would be healthy. Although Garner sees the possibility of gold testing resistance at $1,650 an ounce, she said that she is optimistic prices can move higher later in the year.
“As long as that area holds, I think gold's got a good shot at it, running back up,” she said. “Assuming those levels hold, as I expect them to, I'm thinking somewhere in the $1,800, to $1,850 area.” RSI and zigzag.=======
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Helo insta forex members. Is waqat market Kafi
down ja rahi ha or is k kuch eham Fundament or
technical indicators ki percentage or movement
jo nazar Aa rahi ha wo men ap ko bata doon ta k
ap good time per trade laga kr zyda munafa hasal
Kr saken is time market ki sell buy position ye ha
70%=Sell
30%=buy
Trade with money managment
forex is the best way to make money at home and provide you with many opportunities in everyday life forex helps millions of poor people around* the world and unemployed peoples
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The gold market is struggling to find consistent momentum and it may be time for the red hot metal to cool down, according to Carley Garner, co-founder of DeCarley Trading.
Garner said that after gold’s run, which saw prices hit a 7.5-year high last month, a correction would be healthy. Although Garner sees the possibility of gold testing resistance at $1,650 an ounce, she said that she is optimistic prices can move higher later in the year.
“As long as that area holds, I think gold's got a good shot at it, running back up,” she said. “Assuming those levels hold, as I expect them to, I'm thinking somewhere in the $1,800, to $1,850 area.” RSI and zigzag.
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Silver
Resistance Level (R3): 16.512
Resistance Level (R2): 16.098
Resistance Level (R1): 15.857
Pivot Point: 15.443
Support Level (S1): 15.202
Support Level (S2): 14.788
Support Level (S3): 14.547
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Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
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Discussion of this pair in my opinion that market can be move to the bullish trend, as looking forward to the open trade, and I prefer the first option of sell it .
If we seems that closing graph of this pair its overall trend show us buy, and moving average is looking strong up side ,I think it can little bit move up but looking world's situation by Covide,19 it can be move to the down side ,so my suggestions are to sell here ,
If you like & agree
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We're approaching an important support zone and we are following this down trend pretty nicely. Considering 73% of the hedge funds are short I will not take a position if it breaks above this trend line but instead I will be looking for a retest of the support making a new resistance with price action to confirm my entry.A bearish bat setup on a trend trading setup has presented itself. We will have to wait for the check back for a better Reward: Risk(RRR). It's nice that the bearish bat setup within the sell zone(red box).
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Pivot, Resistance and Support Levels
Calculation For Trading:
Resistance Level (R3): 16.512
Resistance Level (R2): 16.098
Resistance Level (R1): 15.857
Pivot Point: 15.443
Support Level (S1): 15.202
Support Level (S2): 14.788
Support Level (S3): 14.547
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Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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Pivot points:
15.750
Resistance 1= 15.820
Resistance 2= 15.870
Resistance 3= 15.940
Support 1= 15.700
Support 2= 15.630
Support 3= 15.580
