Gold

[Muhammadfaizan]

Demand for the greenback finally receded this past week, leading to a nice recovery in gold prices. Spot traded as high as $1,643.90 a troy ounce, level reaching on Thursday. Things keep moving fast, although not faster than the coronavirus spread. The number of total global cases has largely surpassed 500,000, while the number of cases in the US is now above those in China. The death toll continues to increase, particularly in Italy and Spain, the countries most hit by the pandemic. The UK comes behind as even UK PM Boris Johnson and Prince Charles got infected.

Beyond decreasing interest for the greenback, gold got backed by delivery issues tied to the operations shutdowns taking place all over the globe, leading to a shortage of physical gold supplies.

[Muhammadfaizan]

Demand for the greenback finally receded this past week, leading to a nice recovery in gold prices. Spot traded as high as $1,643.90 a troy ounce, level reaching on Thursday. Things keep moving fast, although not faster than the coronavirus spread. The number of total global cases has largely surpassed 500,000, while the number of cases in the US is now above those in China. The death toll continues to increase, particularly in Italy and Spain, the countries most hit by the pandemic. The UK comes behind as even UK PM Boris Johnson and Prince Charles got infected.

Beyond decreasing interest for the greenback, gold got backed by delivery issues tied to the operations shutdowns taking place all over the globe, leading to a shortage of physical gold supplies.

[Sami]

Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.

[tradersahab]

Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1625.10
This currency name - Gold
Resistance and Target - 1633.40
Support and Stop Loss - 1616.80
Always follow Long time frame market trend.
Signal is Sell.

[Ayyaz532]

GOLD

The Dow Jones Industrial Average futures fell more than 900 points, or 5%, to hit their “limit down” level. S&P 500 and Nasdaq 100 futures were also down around 5%. The price of oil fell to a low of $20.84 from $23.40.

Reports of talks between OPEC and the US shale industry did little to ease the selling in the crude oil market last Friday as the market sees little hope of any coordinated approach on supply within OPEC+.

[IPL]

Gold ka 1 bahut strong resistance lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega..
So for gold i would recommend you guys to wait and watch

[ritfx]

Gold- currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1589.19 - 1600.62 - 1611.84
Resistance 1 - Resistance 2 - Resistance 3.
1634.49 - 1645.92 - 1657.14
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.

[IUB]

Current trend jo hai woh upward trend pe hai aur jab target hai 1554 agar price niche ki aur gaya toh lowest point hai iska 1536, breaking the trend turn to the downside targeting 1531 then 1525

[LoverBoy]

Normalizing liquidity conditions, negative real rates, low cost of carry and concerns surrounding fiat currency debasement, likely means price could move toward $1,800/oz in the not too distant future.Gold price could move toward $1,800/oz in the not too distant future, strategists at TD Securities report.Prices of the ounce troy of gold appear to have met an interim hurdle in the $1,650 region so far. Thursday’s uptick was on the back of declining open interest, opening the door for some near-term correction.Gold calls are claiming higher implied volatility premium than calls for the third straight day, indicating investors are adding bets to position for strength in the yellow metal.

[Hafizajmal]

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.