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Dear i.forex members
Hope u r fine
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
Plz clik thanks
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XAU/USD Technical analysis caught a fresh bid wave and hits a highest level 1815.10 & in these days . The bulls also clear the stiff horizontal barrier placed at 1813 & .Further the north round figure of 1820 $ will b caught.On an hourly closing strong support is still present at 1805 $ .
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Gold Price Analysis: XAU/USD bulls stay hopeful above $1,800 despite Wednesday’s spinning top
July 15, 2020 10:05 GMT | By Anil Panchal
Gold Price Analysis: XAU/USD bulls stay hopeful above $1,800 despite Wednesday’s spinning top
Gold prices recede from $1,813.40 after a three-day winning streak.
Spinning top suggests traders’ indecision, can be clubbed with recent sluggish moves.
Sustained trading beyond 10-day EMA, the monthly support line portrays bullion’s strength.
The month-start top adds to the downside barrier, multiple resistances stand tall to guard further advances past-$1,800.
Gold prices ease from one week high to $1,810 amid early Thursday morning in Asia. The bullion marked consecutive third positive daily closing the previous day. However, sluggish moves portray a “Spinning Top” candlestick formation suggesting traders’ indecision. The pattern joins the quote’s recent failures to refresh monthly high in suggesting the underlying weakness of the bullish momentum.
As a result, the bears could seek fresh entries targeting $1,800-$1,798 support area comprising 10-day EMA and an upward sloping trend line from June 15. However, any further weakness by the yellow metal will divert the bears towards July 01 top near $1,789.
It should also be noted that the Gold price weakness past-$1,789 might not refrain from attacking the early-June peaks near $1,745.
On the contrary, the monthly top, also the multi-year high, around $1,818 acts as an immediate resistance, a break of which could escalate the bullion’s north-run towards August 30, 2011 peak surrounding $1,840.
Additionally, the precious metal’s ability to stay strong beyond $1,840 enables it to aim for the record high of $1,921 flashed during September 2011.
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calculation is thats,
RSI ON SELL
Parabolic SAR SELL
bOLLIngr bands on sell side moving
my openions of this pair is:SELL
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine clearly
simply moving on parabolic levels today best views
my technical analysis and fandamantal
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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
So i suggest today trade on sell
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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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Forex forum is best way to earn money butt before trading you must recognize about market trend some indicators are very helpful to understand the market trend like Bollinger band ,
RSI
M Cad
Market knowledge increase your chance to gain good profit .
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Today this pair of Market trends & technical Analysis
TRENDING
1)Gator Osillator:SELL = (3)dEMARKER :SELL
2)Fractals :SELL = (4)Evelopes :SELL
Bollinger Band : SELL
Paraboloc SAR : SELL
The RSI is still on :SELL
StDev on SELL direction
4hour time frame also telling these condtional exprations.
Indicator shows market going DOWN and technical Analysis same thing
All technical and fandamantal follow the SELLing trends
Note:Always Follow the making experienced with others having great knowledge about trading
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Market exchanging sign rely upon a pointers
Resistance points and Support points of market goes down.
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit.
As this pair we know that .Big movement of every pair also because of news. News of donald trump is most important. About USA and Chaina trades...
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Forex forum is best way to earn money butt before trading you must recognize about market trend some indicators are very helpful to understand the market trend like Bollinger band ,
RSI
M Cad
Market knowledge increase your chance to gain good profit .
