Thread: Gold
Today's market technical analysis for gold
price 1285.55
market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as
1-Resistance level = 1290.00
2-Resistance level = 1295.44
3-Resistance level = 1299.12
1-Support level = 1280.20
2-Support level = 1274.30
3-Support level = 1270.80
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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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GOLD is bearish.
1 Resistance 1281.47
2 Resistance 1284.75
3 Resistance 1287.91
1 Support 1279.75
2 Support 1277.77
3 Support 1276.45
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As we have seen many shocking movement in gold last week, gold has toucjed 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 plannimg to gold is again sell from higher level which is nearabout 1188 and waitiN to touch that after that i will sell my trade to 1150 as target point
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SDK (2019-05-13), Unregistered (2)
Gold prices came under additional pressure following the release of upbeat U.S. economic data, which raised concern the Federal Reserve might scale back its monetary easing measures.
Official data Friday showed that U.S. consumer sentiment rose to its highest level in five years in October. The University of Michigan said that its consumer sentiment index rose to a seasonally adjusted 83.1 from 78.3 in September, the highest level
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
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
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.
SDK (2019-05-13), Unregistered (2)
Gold
current price is 1283.44
Resistance and Supporting level is :
Resistance level is :
Resistance 1 - 1281.43
Resistance 2 - 1284.73
Resistance 3 - 1287.89
Support level is :
Supporting 1 - 1279.70
Supporting 2 - 1277.76
Supporting 3 - 1276.43
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.
SDK (2019-05-13)
SUPPORT AND RESISTANCE LEVEL FOR TODAY
Pivot Point is 1288.05
Support 1 1287.25
Support 2 1286.55
Support 3 1285.75
TREND: BULLISH
Resistance 1 1288.75
Resistance 2 1289.55
Resistance 3 1290.25
Trade at your own risk
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DJIA on rally last nite.. gold were joint comm ccy to upside move.. as us index moving avergence with gold .. it was a noise signal...nothing much to predict. And no profit
no loss. Best of luck to all members of forax community.
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.
SDK (2019-05-13)
today i like to buy gold @ 1280.80
my stop loss of the day @ 1276.00
half take profit for today @ 1284.50
and further half take profit @ 1288.60
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.
SDK (2019-05-13)
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