Gold
Resistance level
Resistance level 1.1535.533
Resistance level 2.1521.567
Resistance level 3.1507.533
Supporting level
Supporting level 1.1479.533
Supporting level 2.1465.567
Supporting level 3.1451.533
Thread: Gold
Gold
Resistance level
Resistance level 1.1535.533
Resistance level 2.1521.567
Resistance level 3.1507.533
Supporting level
Supporting level 1.1479.533
Supporting level 2.1465.567
Supporting level 3.1451.533
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According to our previous report yesterday and last week, gold fell to the 1552.00 level, which is the main target of the symmetrical triangle and also the 88.6% Fibonacci correction as shown above. According to the Fibonacci tool, which measures the possible extension of the descending movement, we find that the levels of 1536.00 and 1498.00 are potential zones. Any breach of 1552.00 might support gold to reach this area through extending the downward movement during today's session, based on stability below 1579.00.
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Today market trend:buy
H1 aur H4 time frame ko follow karte hoye market ka Resistance strong hai
Moving average aur indicators bhi strong Resistance ka ishara de rahe hain
Buy main trade hamain acha profit de gi
My experience and opinion is " Buy "
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i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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 thats giver big pips total intraday.
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Farmansali (2019-10-13), MTB (2019-10-13), Zeeshani (2019-10-13)
Gold market trend Sell
I predict that there will be a signal trend down
so the best option is to do with the order SELL on resistence level 1
all super indicator Rsi and zigzag and fundament analysis give
signal market going down I observe with dolly indicator would appear there are signal trend Selling
there is a tendency of some signal of some indicators
i want to open position SELL
with the criteria for take profit and stop loss of 16 pips with a take profit position
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Alex vector (2019-10-13), Joon (2019-10-13), MTB (2019-10-13), Zeeshani (2019-10-13)
1. Review yesterday's GOLD movement: Opening of gold at 1588.80. The price of the movement starts with strengthening to 1590.60 then goes down to 1587.70 then to 1595.70. After the price falls again reaching their lowest point (1585.10), it rises back to the highest point at 1599.60. Gold closed at 1593.20 (instaforex server).
2. Analysis of today's trends with the SMA system:
sma 16 as an indicator of short-term trends = down
sma 96 as an indicator of the medium-term trend = down
sma 480 as an indicator of long-term trends = down
So the trend is going down strongly.
3. Stochastic (5,3,3) / mrenstein stochastic signal levels:
tf m15: 17.06
tf m30: 11.49
tf h1: 8,42
tf h4: 14,54
tf d1: 11.00
4. Possible price movement today: After breaking through the 2 levels daily support, the price will go to 1571.17 as a 3 level daily support, but look at the stochastic all the data above, they are all in the oversold area. This indicates that the price will retrace before dropping again. . If the price movement rises, it will return to the opening of the Asian price session.
5. Pivot, resistance, and support levels today:
p: 1592.63
r1: 1600.17
r2: 1607.13
r3: 1614.67
S1: 1585.67
s2: 1578.13
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Gold price shows positive trading to head towards testing
the broken support that turns into resistance at ,
as long as the price is below this level, so our bearish trend expectations 71.33% will remain active for today,
supported by the negative pressure 17.25% that comes from the EMA50,
reminding you that our next main target is located at sell
The expected trading range for today is between support and resistance.
The expected trend for today: Bearish
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gold abhi thoda niche aa sakte he. uske baad ye phir upor jayega aaj.
buy pending at 1598.80 tp and sl aap kuch $ ka lav ya loss lekar close kar sakte he.
I LOVE INDIAN FOREX
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MTB (2019-10-13)
Gold prices have slid lower after touching a one-week high during the previous session over optimism of a trade deal being worked out between the us and china. At the time of writing, gold is trading at a little above $1,495.
According to a report on xinhua, chinese vice premier liu he expressed willingness in reaching an agreement with the us government on certain common areas of interest. Gold has been trading volatile these past few days on trade war rumors – it jumped as high as $1,516 on thursday after a news report stated that the chinese delegation was planning to leave after just one day of negotiations as no headway was being made.
Support resistance
1492.88 1514.04
1480.2 1522.52
1459.04 1543.68
Key trading level: 1501.36
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Alex vector (2019-10-13)
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.
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