Gold

[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

[zahid2016]

GOLD Analysis

Expected trend for today: Bullish


Support 1272

Support 1265

Support 1258


Resistance 1287

Resistance 1295

Resistance 1302


Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.

[BilalMughal]

Good evening Dear friends, Today is Monday and market opened. i have decided to share my analysis Gold begins to press negatively on the key support 1275.30, and as, breaking this level will put the price under the correctional bearish pressure again, targeting 1253.20 areas as a next main station, but we need to get a daily close below the support to confirm the continuation of the decline in the upcoming sessions.
Therefore, will continue with neutrality until the price confirms breaking 1275.30 support or breaching 1285.00 resistance followed by detecting the next destination clearly. The expected trading range for today is between 1265.00 support and 1290.00 resistance.

[lal765]

Currency pair is : gold

Trend is : sell

Resistance and supporting level


Resistance level

1 Resistance is: 1280.00
2 Resistance is: 1286.00
3 Resistance is: 1292.00

Supporting level

1 Supporting is: 1270.00
2 Supporting is: 1266.00
3 Supporting is: 1260.00

[Joon]

Prices are probing above the 76.4% Fibonacci extension level at $1856.98 to challenge Andrew’s Pitchfork resistance at $1880.44, with a break above that exposing the 100% extension at $1898.36. Near-term support lines up at $1831.38 as the 61.8% Fib.

[omergul]

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

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

[zahir123]

GOLD Today Analysis

Market Trend Bullish

Pivot Point 1280.30

S 1 >>>>> 1271.80

S 2 >>>>> 1266.80

S 3 >>>>> 1259.50


R 1 >>>>> 1286.00

R 2 >>>>> 1294.70

R 3 >>>>> 1301.20

[PAK786]

Gold needs to remain above this level.
After temporarily breaking back up through the $1300 mark at the beginning of last week, gold has now racked up 5 straight days of losses as investors exit the precious metal as safe haven in favor of the US dollar which has been powering ahead on the back of trade tensions between the US and China as well as a continuous flow of data coming out of the US.
“The safe-haven demand of the U.S. dollar is taking some of the gloss off gold’s safety,” said Michael McCarthy, chief market strategist, CMC Markets.

“It is a tough time all around for gold with the break below $1,290 also pressuring it. In the absence of safe-haven demand I would expect to see ongoing modest pressure on gold prices.” He added.

Gold is trading today at around $1270 an ounce and is pushing down towards a critical support level of between $126050 and $1260 an ounce and if this price fails to hold, we may be in for further losses.

[PAK786]

gold, the price goes down sharply yesterday. 1296.20 price to penetrate the area. This further strengthens the case if the daily MA has been trending down sharply, and is under the daily MA MA weekly trending down. there is no other option than sell. if you want to sell wait for the price bounces around MA daily. likely the price will go to 1280.10. but if it fails to be heading 1296.20

[ba33]

Hence, any subsequent intraday positive momentum seems more likely to confront a stiff resistance/take a brief pause near the 0.6945-50 region, which marks another confluence region comprising of 38.2% Fibonacci retracement level and 200-hour EMA.