Thread: Gold
Support comes in at the 125.50 level where a break if seen will aim at the 125.00 level. A cut through here will turn focus to the 124.50 level and possibly lower towards the 124.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness.
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gold b ek aha pauir hai humain is main s acha profit hsil ho sakta hai ager hum is pr thk tra se tawajh sain toh jab hum is per tawja nhi dety toh humain is main loss hiomy ka zayada chance hain
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My Analysis
Gold
Market Slow
Today
PIVOT 1276.86
S 1 1274.63
S 2 1271.52
S 3 1266.18
R 1 1279.97
R 2 1282.20
R 3 1287.54
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Gold Today's Technical Analysis:
Gold pair is strong Bearish now. We can placed SELL order according to RSI 14 value 23.622 and Hor four time period.
The Support and Resistance levels for this pair are:
Support 1: 1271
Support 2; 1263
Support 3: 1253
Resistance 1; 1278
Resistance 2; 1285
Resistance 3: 1298
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.
omergul (2019-05-21), QamarXulqi (2019-05-21), SDK (2019-05-21), zahir123 (2019-05-21), zainm6050 (2019-05-24)
Gold will continue to drop down with huge probability We can open sell near $1275 - $1279 Goal $1269
1 Resistance is: 1312
2 Resistance is: 1365
3 Resistance is: 1396
1 Supporting is: 1245
2 Supporting is: 1213
3 Supporting is: 1181
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.
omergul (2019-05-21), QamarXulqi (2019-05-21), SDK (2019-05-21), WardatulJannah (2019-05-21), zahir123 (2019-05-21), zainm6050 (2019-05-24)
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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Today Analysis GOLD
Market Trend BEARISH
Pivot Point 1276.63
S 1 1274.42
S 2 1271.31
S 3 1269.10
R 1 1269.74
R 2 1281.95
R 3 1285.06
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146 (2019-05-21), jellybelly2017 (2019-05-21), omergul (2019-05-21), zainm6050 (2019-05-24)
Spot Gold Analysis
SUPPORT LEVEL AND RESISTANT LEVEL
S3: 1271.23
S2: 1273.94
S1: 1275.27
PP: 1276.65
R1: 1277.98
R2: 1279.36
R3: 1282.07
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now aaj sell dena behtar he. kuch dinke up trend hone ke baad fall hona nischit he.
so sell at 1623.29
tp 1614.30
sl as u wish
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well aaj gold ka niche ane ka chance he. sell 1587 tp 1582 sl 1595.70
best of luck.
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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