Gold maximum price 1340 and minimum 1260
Support level 1 : 1290
Support level 2 : 1280
Support level 3 : 1270
Upper level 1 : 1306
Upper level 2 : 1314
Upper level 3 : 1322
Thread: Gold
Gold maximum price 1340 and minimum 1260
Support level 1 : 1290
Support level 2 : 1280
Support level 3 : 1270
Upper level 1 : 1306
Upper level 2 : 1314
Upper level 3 : 1322
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For short term trader in gold there is a good technical today because if we look the chart in the picture above, gold go to up after touched monthly support level 2 yesterday in american session.
In asian market today ma 16 had crossed up ma 96 .It can indicate that the price will go up, below trend analysis today with ma system:
ma 16 as short term trend indicator= up
ma 96 as medium term trend indicator= sideways
ma 480 as long term trend indicator = down
So the trend is up weak short term
I predict the price will go up again until weekly support 2 area 1601.57
If looking mreinstein stochastic signal tf h1 & h4 in overbought area now, so before up again ,gold price may down then retrace up.
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GOLD :
Breakout BUY Level: 1305.
Strong Resistance: 1302.
Original Resistance: 1300.
Inner Sell Area: 1297.
Target Inner Area: 1295.
Inner Buy Area: 1292.
Original Support: 1288.
Strong Support: 1284.
Breakout SELL Level: 1280.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.
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 trend is Bearish.
Resistance levels are
R3. 1294.29
R2. 1289.91
R1. 1285.61
Support levels are
S1. 1276.85
S2. 1272.63
S3. 1267.99
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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 of this pair is:
1# Resistance is: 1283.23
2# Resistance is: 1285.10
3# Resistance is: 1288.13
Supporting level of this pair is :
1# Supporting is: 1277.17
2# Supporting is: 1275.30
3# Supporting is: 1272.27
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TODAY'S TECHNICAL LEVEL OF GOLD :
Breakout BUY Level: 1305.
Strong Resistance: 1302.
Original Resistance: 1300.
Inner Sell Area: 1297.
Target Inner Area: 1295.
Inner Buy Area: 1292.
Original Support: 1288.
Strong Support: 1284.
Breakout SELL Level: 1280.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.
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.
currency of Gold is bearish
Resistance level is:
1- Resistance level is:1285
2- Resistance level is: 1287
3- Resistance level is: 1289
Supporting level is:
1- Supporting level is: 1281
2- Supporting level is: 1279
3- Supporting level is: 1277
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.
For short term trader in gold there is a good technical today because if we look the chart in the picture above, gold go to up after touched monthly support level 2 yesterday in american session.
In asian market today ma 16 had crossed up ma 96 .It can indicate that the price will go up, below trend analysis today with ma system:
ma 16 as short term trend indicator= up
ma 96 as medium term trend indicator= sideways
ma 480 as long term trend indicator = down
So the trend is up weak short term
I predict the price will go up again until weekly support 2 area 1601.57
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.
it will move up some more days till 1650 or 1660 buying now is some what dangerous because we may expect any fall because there was some huge raise in past days, lets wait for it to start some fall.
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
The chart of gold show us a bull trend to upside now .
Crunt rate id 1298.01 it was open at 1280.67
Chg.show us +1.33% .i think it has at 65% buying position
But now it is thinking mood for trade best .so take care
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.
SA148P (2019-01-26)
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