Thread: Gold
The metal is facing now the level of 1579.00, where a breach of this level might trigger the extension of the downside movement . The metal breached this level indeed, but yet further confirmation is needed. In general, our morning expectations remain valid, supported by the symmetrical
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Facebook (2019-05-09), Moon22 (2019-05-10), Shahzada (2019-05-10), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Previous analysis we caught the low of this big correction. So far looking almost perfect. We bounced up very nicely from the bottom and we are up 15/20 points already. The double bottom neckline has just been broken as well.
1 Resistance level 1283.32
2 Resistance level 1286.61
3 Resistance level 1289.86
1 Support level 1281.71
2 Support level 1278.57
3 Support level 1275.45
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Facebook (2019-05-09), Moon22 (2019-05-10), NOOR151 (2019-05-09), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Gold prices fell in Asian trading on Monday as investors went long on the metal's traditional hedge, the dollar, over uncertainty as to whether or not Spain will request a bailout.
U.S. earnings season is gearing up, and investors sought safety in the greenback to see how companies performed in the third quarter of this year.
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jellybelly2017 (2019-05-09), Moon22 (2019-05-10), NOOR151 (2019-05-09), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Pivotal Points: 1283.42
Resistance 3: 1299.99
Resistance 2: 1295.51
Resistance 1: 1287.90
Support 1: 1275.81
Support 2: 1271.33
Support 3: 1263.72
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jellybelly2017 (2019-05-09), Moon22 (2019-05-10), NOOR151 (2019-05-09), zainm6050 (2019-05-09)
Gold is sell.
Resistance 1281.43
Resistance 1284.73
Resistance 1287.89
Support 1279.73
Support 1277.77
Support 1276.45
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Facebook (2019-05-09), jellybelly2017 (2019-05-09), Moon22 (2019-05-10), NOOR151 (2019-05-09), zainm6050 (2019-05-09)
I would like to analyze in long term view of the pair. We can see that in H4 chart of Gold. There is a Harmonic pattern. This is a signal for reverse. So, I think the price will make a reverse and increase strongly in today's session.
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gold ki ajkal koi samajh nahi aa rahhi hai yeh kabhi up chala jata hai to kabhi down chala jata hai
1280 iski ik strong support hai jisko ye break nahi ker pa raha hai agar yeh isko break ker jata hai to down trend hai otherwise up trend hi hai iska
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Facebook (2019-05-11)
GOLD Today Analysis
Market trend is BUY
PIVOT POINT ;1281.1
Support 1;1279.8
Support 2;1279.0
Support 3;1277.6
Resistance 1;1282.0
Resistance 2;1283.3
Resistance 3;1284.1
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HP2018 (2019-05-09)
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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HP2018 (2019-05-09)
__Gold__
My analyses to the gold .Trend is bearish
Position has. Buy now
Crunt rate, 1282.45
Resistance
1> Resistance ,,,,,,,,,,,1284.55
2> Resistance ,,,,,,,,,,,1288.65
3> Resistance ,,,,,,,,,,,,1290.75
Support level
1> Support,,,,,,,,,,,,,,1278.45
2> Support ,,,,,,,,,,,,1274.25
3> Support ,,,,,,,,,,,,,1272.15
If you like then ,,/////////////
,,click THANKS
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.
HP2018 (2019-05-09)
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