Gold Technical analysis:
Support
1-Support 1295.66
2-Support 1295.51
3-Support 1285.35
Level of Resistance
1-Resistance 1295.62
2-Resistance 1295.79
3-Resistance 1295.95
Gold Technical analysis:
Support
1-Support 1295.66
2-Support 1295.51
3-Support 1285.35
Level of Resistance
1-Resistance 1295.62
2-Resistance 1295.79
3-Resistance 1295.95
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To-day Gold Resistance & Support
Resistance level
1 Resistance level 1296.35
2 Resistance level 1296.48
3 Resistance level 1296.60
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Support level
1 Support level 1296.79
2 Support level 1296.60
3 Support level 1296.45
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Gold Technical analysis:
Support
1-Support 1295.66
2-Support 1295.51
3-Support 1285.35
Level of Resistance
1-Resistance 1295.62
2-Resistance 1295.79
3-Resistance 1295.95
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Today curret rate:1294.65
In my observation on Gold trade is that, Gold will be in selling positon in few hours,best selling point will be as under.
sell gold on:1295.00
buy gold on:1292.20
I hope my openion will be help full for Gold traders.
Good luck
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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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The trading range for this week is expected among the key support at 1720.00 and key resistance now at 1805.00.
The short term trend is to the upside targeting 1945.00 per ounce as far as areas of 1520.00 remain intact with a weekly closing.
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Gold
Today market trend is bullish.
Resistance levels are
R3. 1319.98
R2. 1307.43
R1. 1300.87
Support levels are
S1. 1281.45
S2. 1269.76
S3. 1262.33
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GOLD Today Analysis
PIVOT POINT 1291.97
Support 1 1289.15
Support 2 1284.82
Support 3 1282
Resistance 1 1296.30
Resistance 2 1299.12
Resistance 3 1303.45
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The entire precious metals complex is trading higher on the day. Gold futures are currently up $4.90 (+0,37%), and fixed at $1293.20. After trading to a high today of $1295.40, gold softened a little bit, closing about two dollars off the intraday high, also trading to a low of $1287.60. What is important about this range is even with a respectable gain on the day, pricing is still caught within a tight and narrow band.
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