The general over short term basis is to the upside targeting 1511 as far as area of 1520 . I closed my buy order and just watching the movement, waiting for some good entry if its able to hit the 1540 level then we see some quick raise.
Thread: Gold
The general over short term basis is to the upside targeting 1511 as far as area of 1520 . I closed my buy order and just watching the movement, waiting for some good entry if its able to hit the 1540 level then we see some quick raise.
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The market has been in a consolidation phase. Last Thu's strong rejection at 1582.80 suggests a higher low at the latter may be in place ahead of an attempt on 1702.44. at this position sell is good for scalp.
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Gold
Trend is strongly sell
Current price is =1274
Resistance and Supporting levels.
1 RESISTANCE =1277
2 RESISTANCE =1280
3 RESISTANCE =1285
1 Supporting =1271
2 Supporting =1268
3 supporting =1262
Its my opinion after looking at the market level.
You trade at your own risk.
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Gold
Today Trend is:sell
Resistance and Supporting level today,s
Resistance level today,s is
First Resistance is:1278.11
Second Resistance is: 1281.65
Third Resistance is: 1285.77
Supporting levels today,s is
First Support is: 1271.23
Second Support is:1268.45
Third Support is:1265.25
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Today's market technical analysis for GOLD
price 1273
market trend is going bearish
market have good trading position for the sell traders
market resistance and support levels could as
1-Resistance level = 1278
2-Resistance level = 1282
3-Resistance level = 1286
1-Support level = 1270
2-Support level = 1267
3-Support level = 1264
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Gold
Current price:1274.50
Pivot point:1280.65
Resistance and Supporting level :
1.Resistance level is : 1275.60
2.Resistance level is :1276.80
3.Resistance level is : 1278.90
1.Supporting level is : 1272.30
2.Supporting level is : 1270.69
3.Supporting level is :1269.55
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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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Technical analysis Gold is sell
Resistance and Supporting levels is :
Current Rate is :1273.51
Resistance level is
1> Resistance level is:1276.35
2> Resistance level is: 1279.58
3> Resistance level is: 1282.41
Supporting level is
1> Supporting level is: 1271.01
2> Supporting level is: 1268.32
3> Supporting level is: 1265.45
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Trading pair is: Gold
My trend is: sell
Resistance level is ,,,,,,
1, Resistance is :1275.66
2, Resistance is :1278.90
3, Resistance is : 1280.99
Supporting level is,,,,,,,
1, Supporting is ;1271.45
2, Supporting is : 1269.30
3, Supporting is : 1268.23
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.
buildmoney (2019-04-17), kanita (2019-04-17), Rahim217 (2019-04-17), SDK (2019-04-18), zainm6050 (2019-04-21)
Right now the gold rate 1275.85
Today the suitable selling point will be 1268.80
And today the most suitable buying point is 1280.80
Good luck
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