Thread: Gold
On the technical side, gold has completed the 50% retracement at $1,229. At the same time, the 50 periods EMA is extending a solid support near $1,229 and we can expect a jump in gold prices above the same level. Whereas, the violation of $1,229 can lead prices towards $1,227 and $1,224. So stay active and be cool in trading.
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sarfraz786 (2018-10-30), Unregistered (6)
GOLD MARKET IS TRENDING UP AND DOWN so here is very difficult to give a trade but i think GOLD market is near to break and it will move to downward now if we see the last day chart and today chart than we can see that GOLD market was at 1239 yesterday and now the market is at 1230 so every trade is a risk on the GOLD market but i suggest to give a SELL trade because from the month start market is trending on up movement but now i think its trend turn to downwrod and SELL trade will give us a good profit
Good Luck ...
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FA148P (2018-10-25), kanita (2018-10-24), Pak003 (2018-10-31), PAK786 (2018-10-25), SA153P (2018-10-24), sajidhabib (2018-10-24), sarfraz786 (2018-10-30), Shahzada (2018-10-24), Unregistered (4)
Gold on the Comex division of the New York Mercantile Exchange traded in a choppy fashion Wednesday as some investors booked profits and the dollar rebounded; nevertheless, prices will remain well supported until a deal is struck to raise the US debt ceiling.
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Prices are probing above the 76.4% Fibonacci extension level at $1856.98 to challenge Andrew’s Pitchfork resistance at $1880.44, with a break above that exposing the 100% extension at $1898.36. Near-term support lines up at $1831.38 as the 61.8% Fib.
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all banks has gold as main money! LOOK at gold monthly chart, what you see? > gold is only rising, inflation, bank of world is giving loan to to all country,;s by 1 or 2%, but where they will get these 2%? only by making another loan! and more and more money is out in forex market, and more and more money is equal to gold! gold will keep rising for ever, i know for sure, there will be many good pullbacks, because country; like USA will get economy back, and give back it;s loan, but still there are so many country's in our world!
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GOLD
market analysis for the gold price
the gold market price is at 1231 now and a bull trend was seems yesterday
the gold market break the resistance level at 1240
today market price could move up and good position for buy order
resistance and support levels
Resistance levels 1235----------1239---------1241
Support levels 1228----------1225----------1222
Skkhan21 (2018-10-24), Unregistered (6)
Gold ki market aj kal kafi speed se up and down ho rahi hai and last night market kafi up ho kar down hoii hai so abhi lagta hai market up ki traf movement kar sakti hai
and market level 1240 tak ja sakta hai so is time main ye suggest karun ga k humain buy ki trade lagani chahie ye humary lie profitable ho sakti hai
Resistance level 1242
Resistance level 1238
Supporting level 1220
Supporting level 1218
Current rate : 1231.64
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kashiustad (2018-11-15), Shahzada (2018-10-28), Skkhan21 (2018-10-24), Unregistered (3)
My dear Sir today's off my technical analysis is support and resistance level of gold buying strong to bullish trand⤴
Resistance level✔1256.96
Resistance level✔1248.45
Resistance level✔1238.74
Supporting level✔1220.85
Supporting level✔1212.85
Supporting level✔1202.53
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sajidhabib (2018-10-24), Skkhan21 (2018-10-24), Unregistered (4)
current lever is Gold ;1232.55 sell strong
resistance lever 1; 1235.50
resistance lever 2; 1237.56
resistance lever 3; 1240.56
support lever 1; 1230.21
support lever 2; 1228.12
support lever 3; 1225.25
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king005 (2018-10-24), sajidhabib (2018-10-24), Skkhan21 (2018-10-24), Unregistered (1)
Gold is in bullish condition as it break its resistance level easily. But it was in side way for last week. Now we can bough it and its support level is 1134 and Resistance 1454 may be break soon.I will take a buy trade on Gold today.Let's see what will happen today.Good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
king005 (2018-10-24), sajidhabib (2018-10-24), Shahzada (2018-10-24), Skkhan21 (2018-10-24), yulbang111 (2018-10-30)
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