Gold

[Mureedabbas]

Gold is seeing little action in Asia, having formed a doji candle on Monday – a sign of indecision in the market place.

The yellow metal is currently flatlined at $1,276 despite cautious comments from Federal Reserve President Jerome Powell.

Financial regulators must take seriously potential dangers that rising levels of business debt pose to the US economy, Powell said on Monday, while adding that some comparisons to last decade’s subprime mortgage bubble overstate the risks.

Powell also said that it is premature to make a judgement on trade and tariffs impact on the monetary policy path.

So far, Powell’s take on corporate debt has failed to put a bid under gold. The risk-off tone in the US stocks also did little to help boost haven demand for the yellow metal. The S&P 500 index fell 0.6% as Huawei ban triggered a sell-off in chip stocks.

Looking forward, the metal may remain on the defense. After all, the metal’s inability to post gains on Powell’s comments and risk-off tone in stocks indicates the sentiment is quite bearish.

That being said, the case for corrective move higher would strengthen if the price finds acceptance above $1,279 – the high of the doji candle created on Monday. That could happen if the US dollar – gold’s biggest nemesis – takes a beating. As of writing, the Dollar Index is reporting mild gains at 98.00.

Pivot points.

R3...1285.79

R2...1282.4

R1...1280.69

PP...1277.3

S1...1275.59

S2...1272.2

S3...1270.49

[soniyafx]

As we have seen many shocking movement in gold last week, gold has touched many people stop losses because it opened with quick low as 1179 to flat down 1159 and after that it quickly come to 1174 which is no one think about it, no one think that this will made movement like this i have also lost some money in gold because i have taken stop loss on my trade.
My next planning to gold is again sell from higher level which is near about 1188 and wait In to touch that after that i will sell my trade to 1150 as target point

[pti148]

Gold
Today Market analysis and trend:sell

Indicators bhi market ke down hony ka bata rahe hain

Resistance and Support points bhi hamain market ke down hony ka ishara de rahe hain isliye hamain sell main trade lagani chahiye

[sakigbest]

gold b ek acha pir hai humain is main se kvfi kacha profit hasil ho sakta hailakin sirf use waqat humain is mnain se acha profit ho sakta hai kjab hum is main mahant kertyy hain jab hum is main mahnat nhi kerty hain tioh humain kabi b is main se acha profit hsil nhi hota hai

[forexA]

Today analysis for the pair of gold

Is time ke price ye chal rhe he......... 1275

Resistance level 1 # 1280
Resistance level 2 # 1288
Resistance level 3 # 1292

Support level 1 # 1270
Support level 2 # 1265
Support level 3 # 1260

[HP2018]

Gold

current price 1275.76

r1 1290

r2 1295

r3 1313

s1 1265
s2 1260

s3 1255

[SA153P]

analysis of Gold is sell

Resistance and Supporting levels is :


Resistance level is :

1> Resistance level is:1312
2> Resistance level is: 1365
3> Resistance level is: 1396


Supporting level is :

1> Supporting level is: 1243
2> Supporting level is: 1210
3> Supporting level is: 1180

[FM1881]

USD/JPY is the forex ticker used to represent the US Dollar and Japanese Yen exchange rate on currency markets. It is used to ascertain the value of the US Dollar against the Yen, telling traders how many Yen are needed to buy a US Dollar. The Dollar-Yen combination is one of the most commonly traded forex pairs – second only to EUR/USD – because it values two of the largest and most influential economies in the world. Traders can use the live USD/JPY chart as an indicator of not only Japan’s economy, but as a benchmark for Asian economic health and even the global..

[Nawab]

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

[Zeeshani]

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.