Initial support at 1490 (Jun 27 low) followed by 1485 (76.4% retrace of 1462.45-1558.25). Initial resistance is now at 1526 (June 24 high) followed by 1523 (Jun 23 high).
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Initial support at 1490 (Jun 27 low) followed by 1485 (76.4% retrace of 1462.45-1558.25). Initial resistance is now at 1526 (June 24 high) followed by 1523 (Jun 23 high).
my technical analysis and some opinion about this pair
I using technical analysis. pivot point is the point in which the market sentiment changes from bearish to bullish.
support and resistance calculations give good signal for bullish.we can see a Buy signal on MACD indicator.
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
take Long position can give profit in forex market today.
Gold prices surged over $1,900 an ounce on Friday morning -- up over 5% for the week.
Gold could hit a new record high as early as today. However, it wouldn’t necessarily be a bad thing if the market first pulled back a bit and established a base for its launch to $2,000 and above.
A negative divergence took place yesterday in the gold mining stocks, which fell a couple percent as a group. That may suggest some corrective action ahead in the gold market. But on a long-term basis neither the miners nor gold itself appear to be anywhere near major bull market tops.
As long as the U.S. Congress and Federal Reserve keep pumping stimulus dollars into a moribund economy, upward pressure on gold will likely persist. Another stimulus package is coming with $1,200 checks for most Americans and hundreds of billions of dollars for various other programs. It will all be financed with more debt – and, ultimately, with fiat currency created out of thin air.
Successful American capitalist and past Money Metals podcast guest Steve Forbes warned on Thursday that the gold market may be anticipating a “category 5 economic hurricane” ahead.
▲ 22.997
0.009 (0.04%)
Update 26/07/2020
07:48:40
Trade Silver Now
High 23.175
Low 22.578
Open 22.997
Prev Close 17.683****
Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit
Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
This pair is showing BULLISH trend in H1 time frame .Short term traders
may BUY this pair and earn a good profit .
Forex factory news are very important and can change the trading trend so keep
an eye on these news.
Money management is important.Impatience will give you huge loss.
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
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading
krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta
hai yeh pair
silver es time jo es ky current price hai usko filhal to day 1 mein jo chance hein wo up jane ky hein bahtar yehe ho ga resistance aur support ko nazar mein rakh kar hi trade ky jaye
Silver trend is buy
Pivots Point : 17.795
1 Supporting level is 17.848
2 Supporting level is 17.712
3 Supporting level is 17.575
1 Resistance level is 18.121
2 Resistance level is 18.258
3 Resistance level is 18.394
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 hone ka he ishaara de rahein hain
Isliye hum ko sell main trade laga deni chahiye