Gold

Gold gained follow-through traction for the second consecutive session on Tuesday.
The prevalent USD selling bias, sliding US bond yields remained supportive of the uptick.
Reluctance to place aggressive bets might cap gains ahead of Wednesday’s FOMC minutes.
Gold edged higher through the first half of the European trading action and was last seen hovering near the top end of its daily range, around the $2008-10 region, or one-week high

A decisive move clear of 0.7240 would be the latest bull move that would open 0.7295 and 0.7395 which are. Momentum indicators are swinging higher in positive configuration with upside potential, all suggesting that intraday weakness is a chance to buy.
Regards
I.A

Breaking: Gold breaks above $2000, further upside in play – Confluence Detector
Gold trades on a solid footing and regains the critical $2000 mark, as the US dollar remains intrinsically weak on several fronts specific to the US. The Treasury yields remain pressured amid dwindling economic recovery and fiscal stand-off.

Meanwhile, the safe-haven gold benefits from renewed US-China tensions on the Hauwei issue. Investors also look for safety in gold ahead of Wednesday's FOMC minutes. Let's look at the key technical levels for trading the gold's latest run higher

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

Keep it up

we predict future values with technical analysis for wide selection of commodites like Gold (GC). If you are looking for commodites with good return, Gold can be a profitable investment option. Gold price (per ounce) equal to 1942.300 USD at Aug 20, 2020. Based on our forecasts, a long-term

Gold upside bias remains intact as it rebounds approaching daily highs.
S&P 500 hit a record high and then pulled back, XAU/USD followed.
Volatility around gold prices remains elevated. After the beginning of the American session, XAU/USD jumped to $2,016/oz reaching the highest level since August 10 and then pulled back sharply and bottomed at $1,975 before bouncing back above $2,000.

As of writing, gold is hovering around $2,005, up $25 for the day, about to post the fourth gain out of the last five days. From the last week low, gold has risen $150

A decisive move clear of 0.7240 would be the latest bull move that would open 0.7295 and 0.7395 which are. Momentum indicators are swinging higher in positive configuration with upside potential, all suggesting that intraday weakness is a chance to buy.
Regards
I.A

In my opinion price can continue go by this way. I think price can trading close to support line, so we can open long position with target as resistance level (1.19200).
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Impulse if counted in this way (daily) - reached fibo level 262. At the same time, wave 5 has travelled 62% of the net distance, covered by waves 1-4. 1,20 is a strong round level, just in case )) I expect a nice ride downside

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

Pivot, Resistance and Support Levels
Calculation For Trading:
Resistance Level (R3): 2046.800
Resistance Level (R2): 2025.900
Resistance Level (R1): 1984.100
Pivot Point: 1963.200
Support Level (S1): 1921.400
Support Level (S2): 1900.500
Support Level (S3): 1858.700