Thread: Gold
XAUUSD was mostly bullish yesterday and in today's Asian session it consolidated beyond the upward triangle. . . but there is no pressure since the break. The bias is neutral for now until further price action confirms or cancels the breakout. and Gold moved higher on Tuesday afternoon, helped by rupees, which reached their lowest level in two years, making the yellow metal quoted by the dollar expensive, dealers said
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IUB (2019-08-23)
Gold fell 2.46% against the greenback this week as global equity markets strengthened due to optimism that European officials will be able to avoid a Greek default. However, sentiment remains fragile due to increasing volatility in financial markets and uncertainty about the prospects for future growth remains and Gold has not been moved continuously and extensively. This is not a bubble. Crude oil rally can be called a bubble. Gold has a long history of being a safe haven compared to others.
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IUB (2019-08-23)
Gold price could not manage to hold above 1503.24 level, to trade negatively and head towards potential test to 1483.60, affected by the negative pressure formed by the EMA50.
Therefore, the bearish bias will be suggested for today, noting that the expected decline is temporary unless breaking 1483.60 followed by extending the correctional bearish wave to reac 1467.75 as a next negative station, taking into consideration that breaching 1503.24 and holding above it again will stop the suggested negative scenario and push the price to resume the main bullish trend again.
The expected trading range for today is between 1483.60 support and 1510.00 resistance.
The expected trend for today: Bearish temporarily
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IUB (2019-08-23)
Today analysis for the gold
Is time ke price ye chal rhe he......... 1495
Resistance level 1 # 1499
Resistance level 2 # 1504
Resistance level 3 # 1508
Support level 1 # 1490
Support level 2 # 1485
Support level 3 # 1483
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
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ajay10 (2019-08-23), Alikhan (2019-08-23), bilal 1122 (2019-08-23), IUB (2019-08-23), kanita (2019-08-26)
Today Market analysis and trend:sell
Indicators give signal market going down position
RSI:
PARABOLIC :
MOVING AVARAGES:
Resistance and Support points also inform market trends down
now we have chance a good entry in down position
and also chance for good profit
Today market trend : Sell
BEST OF LUCK
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bilal 1122 (2019-08-23), IUB (2019-08-23), omergul (2019-08-23)
Today market trend is sell
After doing fundamental analysis or technical analysis the market today sport
or resistence showing trade in sell position
according indiactor zigzag parabolic 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
Warning : when you take small risk and save you account otherwise you face big los
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.
Time Frame - 4 Hour
Currency pair - Gold
Buy @ - 1505.00
Stop Loss - 1498.95
Take Profit - 1510.35
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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bilal 1122 (2019-08-23), IUB (2019-08-23), omergul (2019-08-23)
Pivot Point 1504.78
1 Resistance 1506.41
2 Resistance 1507.38
3 Resistance 1509.01
1 Support 1503.81
2 Support 1502.18
3 Support 1501.21
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bilal 1122 (2019-08-23), IUB (2019-08-23)
Support and resistance points is thread pr
Resisrance level 1530
Support level 1490
Thanks shukria
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.
Today Market trend:sell
Market trading signals depend on a indicators
The indicators tell us about market down so do the trading in sell and get a huge profit
Now the trade of Sell is more profitable
If you want a complete your dreams so come in forex and do the trading
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.
bilal 1122 (2019-08-23), IUB (2019-08-23), zainm6050 (2019-08-23)
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