Gold

[Samranfaizan220]

Market Commentary: First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and.UJ has broken a major resistance with a surprisingly good non-farm payrolls data. This coming week would be expecting more upside continuation from this pair

[Muhammadfaizan]

Gold prices take rounds to $1,685.13 at the start of the week’s trading. Despite being above Friday’s low of $1,670.76, the bullion nears the lowest in more than a month as safe-havens remains offered amid broadly upbeat trading sentiment.

Read: What you need to know as markets open: Risk-on as investors cheer astonishing NFP

Friday’s US employment numbers hinted that the coronavirus (COVID-14) impact on the jobs market could be temporary and that the global economies could recover quickly. The headlines US Nonfarm Payrolls (NFP) rose 2.5 million versus expectations of -8 million. Further, the Unemployment Rate also added to the optimism by 13.3%, lesser than the 19.8% forecast.

While the news boosts overall market mood and propelled Wall Street after the release, it also offered strength to the US dollar in recovering from multi-day lows, which in turn added weakness onto the yellow metal. It’s worth mentioning that the US 10-year Treasury yields added over seven basis points (bps) to 0.893% at the end of Friday’s closing.

During the weekend, China released May month trade numbers while posting the biggest trade surplus despite the pandemic. The $62.93 billion of Trade Surplus, against $39 billion forecasts, seems to have been majorly boosted by the medical exports. Details suggest that the Exports have been down 3.3%, versus -7.0% market consensus, whereas Imports dropped heavily below -9.7% expected to -16.7%.

Other than the data releases, receding protests in the US and a probable merger between the drug majors AstraZeneca and Gilead also add to the market’s upbeat sentiment. Even so, the US-China tussle and an uneven pattern of virus cases in the US still keep the fear on the desk.

Looking forward, Japan’s second reading of the first quarter (Q1) 2020 GDP, expected to have recovered from -0.9% forecast to -0.5%, will offer immediate direction. Though, the major attention will be given to qualitative catalysts for fresh impetus.

[Furqan1212]

Gold

now aaj sell dena behtar he. kuch dinke up trend hone ke baad fall hona nischit he.
so sell at 1623.29
tp 1614.30
sl as u wish

[SA148P]

Hello..
every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr . Serf vohi log trading kr sakty hain. Jinhain. Market ke kuch
know of . Ya phir 5 to 6 years ka experience. Hamary jasy new comers to bus yahan loss khany he aaty hain...
in pair ke movement bohat fast ha . Or jasy k apko pata ha . . Chances of losses b bohat hain. . So may ap sab se
request krta hon k ap sab log is pair pr Trade krny se pehly Khob isy samj lain itny MACD indicators and technical
analysis ko b samj lain. Vo is liy k apko loss k chances kam ho jain. At the end Good luck for your future.

[Apple99]

GOLD
Market trend Bullish
Pivot Point 1785.19

Supporting 1776.22
Supporting 1796.68
Supporting 1707.73

Resistance 1728.20
Resistance 1737.65
Resistance 1758.16

[NaQvI2019]

GOLD

Bullish

Pivot Point 1785.13

3 Support 1776.17
2 Support 1796.61
1 Support 1707.75

1 Resistance 1728.23
2 Resistance 1737.69
3 Resistance 1758.17

[Imo]

GOLD

Bullish

Pivot Point 1785.17

3 Support 1776.19
2 Support 1796.63
1 Support 1707.75

1 Resistance 1728.21
2 Resistance 1737.63
3 Resistance 1758.19

[Diju]

The pair is in strong uptrend line targeting But a clear break of this blue uptrend line will trigger a strong bearish targeting

Major trend : upward
Minor trend : downward

current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change

[Diju]

The pair is in strong uptrend line targeting But a clear break of this blue uptrend line will trigger a strong bearish targeting

Major trend : upward
Minor trend : downward

current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change

[hania]

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