Pivot points1513.97
Resistance 1=1515.64
Resistance 2=1517.92
Resistance 3=1519.59
Support 1=1511.69
Support 2=1510.02
Support 3=1507.74
Thread: Gold
Pivot points1513.97
Resistance 1=1515.64
Resistance 2=1517.92
Resistance 3=1519.59
Support 1=1511.69
Support 2=1510.02
Support 3=1507.74
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Iqlevel (2019-09-26), Sarfrazsagar (2019-09-26), Version2 (2019-09-26)
Analysis for (XAUUSD) 26/9/2019 (07:15 AM GMT)
Resistance 3: 1535
Resistance 2: 1527
Resistance 1: 1520
The pivot point: 1512
Support 1: 1503
Support 2: 1497
Support 3: 1493
The expected scenario:
Breaking 1503 down to 1497 then to 1493
The opposite scenario:
Breaking 1520 up to 1527 then to 1535
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Today Gold market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing 15.22% trade in sell position
according indiactor zigzag 55% parabolic 58.33% and sport resistence
in time frame h1 and h4 market touch
resistence 1 level and again retrace down so i sajjust to open sell trade
and make huge profit so must use stoploss and take profit
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IPL (2019-09-26)
Silver dips 3.5%, platinum down 2.8%
Palladium slips after hitting record peak of $1,676.53/oz
Dollar index touches 2-week high
Gold slid 2% on Wednesday, retreating from a multi-week peak, as political uncertainties in the United States stemming from an impeachment inquiry into President Donald Trump drove investors to the safety of the dollar, limiting bullion’s appeal.
Spot gold fell 1.8% to $1,504.61 per ounce by 02:13 p.m. EDT (1813 GMT). Prices had earlier dropped as much as 2% to $1,501.55 an ounce.
US gold futures settled down 1.8% at $1,512.3 an ounce.
The dollar index hit a two-week high on safe haven interest amongst investors looking to hedge against risks emanating from the inquiry into Trump accusing him of seeking foreign help to smear Democratic rival Joe Biden ahead of next year’s election, in turn limiting the appeal of the traditional haven, gold.
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IPL (2019-09-26)
currency pair : gold
Daily analysis
I predict this pair have bullish direction
the price is break Resistance and Trend Line and it is Flying Up side with having the Long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
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GOLD Trends to Bearish
* Resistance 1535.31
* Resistance 1521.15
* Resistance 1506.27
* Supporting 1495.15
* Supporting 1434.23
* Supporting 1400.39
Eagle
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
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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
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.
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1516.28
This currency name - Gold
Resistance and Target - 1517.58
Support and Stop Loss - 1514.98
Always follow Long time frame market trend.
Signal is Sell.
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Time Frame - 4 Hour
Currency pair - Gold
Buy @ - 1515.62
Stop Loss - 1510.59
Take Profit - 1521.69
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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.
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