Gold

[Shahnawaz148]

Gold prices, in U.S. dollar terms, and stocks are both overbought and traders can expect a correction in the short to medium term, this according to Phil Streible, senior market strategist at Blue Line Futures.

“I just think it’s overvalued at this point. There’s about 311 companies out there that have recently gone into this distressed state. The bankruptcy levels are increasing. I’m quite bearish on U.S. equities,” Streible told Kitco News. “As soon as [the NASDAQ] breaks down a bit, there’s going to be a quick run to the door. I think the S&P 500 should be around 2,500.”

Gold prices should be testing the $1,666 an ounce level on the downside and if this floor is broken, the trend could become bearish.

“Gold has really stopped. If you look at that chart pattern, it got over that $1,750 on a closing basis, I thought we were going to run back up into $1,780, we just didn’t do it, we started to slide off. So if you look, it’s got this bearish pattern going on, we’ve got to break that downtrend,” he said. “I really think that gold is not going to be this great asset.”

[Shahzadahmed4850]

Gold

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 1704.800 USD at May 10, 2020. Based on our forecasts, a long-term

[Nisar12]

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.

[Samranfaizan220]

l know I posted a sell setup, but it right now it is breaking out a small flag as a buy. But when I look at the actual structure and wave count, a running triangle checks out. Obviously the better trade would be the sell when "E" breaks trend line. It is possible that its a flag to sell on 1hr, but it needs to break out to consider sell entry.
It really hurt when see my first scenario about that I posted yesterday was hit SL , but after that price is turn up . Ironic things! So today, I give you my second scenario about . that very clear for me..the primary wave 1 was completed many days ago, and now price is keep going UP to reach retracement 61.8 %. However , please follow my buy stop...

[Nadeem Ahmed]

Gold

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======

[IUB]

Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.

[Haji]

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======

[omergul]

I see this pair to show bullish signal.
Simple Moving Average indicator also giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
forex is the best way to make money at home and provide you with many opportunities in everyday life. forex helps millions of poor people around the world and unemployed people.
trader feel very reliable by working in forex business and can do it as a part-time or full-time job, just by sitting at home you can earn money.

[Lovedosse]

Traders increased their open interest positions in Gold futures markets for the third consecutive session by around 1.2K contracts on Friday, in light of preliminary readings from CME Group. On the opposite direction, volume prolonged the erratic performance and dropped by around 23.7K contracts.

Gold could re-test the $1,660/oz region
Prices of the ounce troy of gold grinded lower on Friday after hitting weekly lows in the $1,740 region. The correction lower was on the back of rising open interest, which opens the door for the continuation of the downtrend to, potentially, last week’s low in the $1660 region per ounce in the short-term horizon.

[Pak3000]

Pivot points: 1708.47

Resistance 1= 1711.79
Resistance 2= 1713.62
Resistance 3= 1716.94

Support 1= 1706.64
Support 2= 1703.32
Support 3= 1701.49