Thread: Gold
analysis of Gold
Bollinger Bands:buy
MACD:buy
Resistance and Supporting level is:
Pivot Point is : 1300.90
Resistance price is :
Resistance 1:1302.45
Resistance 2:1305.66
Resistance 3:1307.88
Supporting price is :
Supporting 1:1297.36
Supporting 2:1295.22
Supporting 3:1293.11
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Gold
After visiting the markeet i wrote this post by some special ways .like as movemint of the gold can show us
Buy position .crunt rate is 1301.69 . little bit movemint
Show us upward but it can be risky to choose next buy position .my own choice is sell i think it can go to downward as it will support us at 1290.45 .if you agree with me so thanks for it .
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Currency pair is : gold
Trend is : sell
Resistance and supporting level
Resistance level
1 Resistance is: 1312
2 Resistance is: 1320
3 Resistance is: 1330
Supporting level
1 Supporting is: 1299
2 Supporting is: 1280
3 Supporting is: 1270
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my dear sir today of my tachnical analysis is bullish trend seems to be taking place on the gold pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at 1301.94 and strong support at level 1299.43 in hourly time frame there is possible chance price will move to up side then next high price is 1310.45
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Gold continues to rise and attempts to breach the 1302.60 level, encouraged by Stochastic, are still neutral to monitor price action for the mentioned level. The continuation of the bullish trend and the confirmation of the breach will reactivate the scenario of the main upside trend which is at 1320.00 and 1346.70. The break will push the price down towards 1275.60 as the first corrective stop.
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Today analysis for the pair of : gold
Trading opinion for the best profitable trade: Open buy
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level
1 Resistance : 1308.00
2 Resistance : 1316.00
3 Resistance : 1322.00
Supporting level
1 Supporting : 1294.00
2 Supporting : 1288.11
3 Supporting : 1280.00
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It made several attempts already to move near 1600 level but good that the support is still intact and as market has spend 3 days trading in narrow range of 1590 to 1600 it is unlikely that this range can be broken so easily so it is quite safe to use 1590-1600 band as good support while going long.
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forexA (2019-03-16), khizar1 (2019-03-16), lal765 (2019-03-16), Muneer7171 (2019-03-16)
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forexA (2019-03-16), kanita (2019-03-16), khizar1 (2019-03-16), lal765 (2019-03-16), Muneer7171 (2019-03-16)
Gold is going down and we can have a sell trade on this pair
Support and resistance levels:-
S3 1302.69
S2 1301.53
S1 1300.45
R1 1303.90
R2 1306.93
R3 1307.12
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.
kanita (2019-03-16), khizar1 (2019-03-16), lal765 (2019-03-16), Muneer7171 (2019-03-16), Passion (2019-03-16)
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