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
Thread: Gold
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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Technical Analysis of Gold on Ferbm Daily Gold broke a falling trend on the daily session in the last trading session on Friday but could not be a daily candle to close above the resistance
Mission and strength at 1206 likely to drop to support 1195 before completing the climb I expect gold to drop to 1195 and then climb
To the resistance 1219 and if broken, it will continue to rise until 1239 as seen in the chart
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Gold Price Forecast – Gold markets fall hard for Thursday sessionGold markets fell rather hard during trading on Thursday, crashing into the $1290 level before stopping on a dime. That’s pretty impressive support, so at this point it looks that although the downtrend line has held and of course sent the market lower, the reality is that we have not
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Gold is still running in tight range that's i have noticed. Gold price tested 1286.00 support line and settles around it now, which hints the price head to return to the correctional bearish track again, but it needs to get a daily close below the mentioned level to confirm extending the bearish wave towards 1275.30 followed by 1253.20 levels.
On the other hand, note that breaching 1302.60 will lead the price to regain the main bullish trend and achieve positive targets that reach 1320.00 followed by 1346.73.
Therefore, i will continue neutrality until the price confirms breaking 1286.00 supprot or breaching 1302.60 resistance. The expected trading range for today is between 1275.00 support and 1300.00 resistance.
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Today's my analysis on Gold.
as expected gold is falling now and going below 1280 as gold already broke minor support which is around 1282 and now in my opinion selling gold is good idea and target should be around 1265 Because This is the strong support.
Strong Resistance 1301
minor Resistance 1298
strong support 1265
minor support 1282
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Spot Gold Analysis
SUPPORT LEVEL AND RESISTANT LEVEL
S3: 1265.67
S2: 1271.63
S1: 1273.86
P: 1277.59
R1: 1279.82
R2: 1283.55
R3: 1289.51
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Gold is positioned to rise in the week ahead as jittery financial markets continue to fret about the pace of economic growth, driving safe haven demand for the yellow metal, while building expectations of another round of Federal Reserve stimulus compound upward pressure as investors look for alternative stores of value
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Gold is still running in tight range that's i have noticed. Gold price tested 1286.00 support line and settles around it now, which hints the price head to return to the correctional bearish track again, but it needs to get a daily close below the mentioned level to confirm extending the bearish wave towards 1275.30 followed by 1253.20 levels.
On the other hand, note that breaching 1302.60 will lead the price to regain the main bullish trend and achieve positive targets that reach 1320.00 followed by 1346.73.
Therefore, i will continue neutrality until the price confirms breaking 1286.00 supprot or breaching 1302.60 resistance. The expected trading range for today is between 1275.00 support and 1300.00 resistance.
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.
GOLD
Waiting for
Weekly Closing
PIVOT 1289.52
S 1 1281.56
S 2 1275.88
S 3 1265.75
R 1 1295.52
R 2 1303.23
R 3 1310.43
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Nice ville gold and silver parties, in Nice-ville as well as gold parties in other areas of Florida and all over the nation, are starting to appear more frequently. Although they have been in existence for several years, it is only now that they are becoming more common. The price of gold is higher than it has ever been and gold dealers are seeking out scrap gold wherever they can find it.
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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