Thread: Gold
XAUUSD was strongly bearish yesterday, broke below 1757 support which is also the actual neckline of the daily double top. The bias is bearish targeting 1663 area barring minor stoppages. On H4 price still has some support (thick yellow line), but I think that after minor consolidation there it would give way on the downside.
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ah15 (2018-12-20), ba33 (2018-12-20), Muhammadasif (2018-12-20), Mureedabbas (2019-03-21), qasimm (2018-12-20), rashidnawaz (2018-12-20), sarfraz786 (2018-12-20), Sarfrazsagar (2019-05-30), Shahzada (2018-12-20), ShahzaibQais (2019-01-09), Unregistered (5)
The price of gold is trading slightly negative on its way towards a possible test of the 50 SMA but since the price is above 1238.34 our bullish trend remains valid for today where our next target resides at 1262.50 with a breach of this level at 1286.70 near.
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My Technical analysis of gold is that the market trend is bearish.
Current price of gold is = 1257.05
Resistance lever and support lever is below.
Resistance lever up.
Resistance lever one is. 1258
Resistance lever two is. 1259
Resistance lever three is. 1259.80
Support lever down.
Support lever one is = 1256
Support lever two is = 1255
Support lever three is = 1254
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ah15 (2018-12-20), ba33 (2018-12-20), gale (2018-12-19), Muhammadasif (2018-12-20), Mureedabbas (2019-03-21), qasimm (2018-12-20), rashidnawaz (2018-12-20), sarfraz786 (2018-12-20), sarowhite (2018-12-20), Shahzada (2018-12-20), ShahzaibQais (2019-01-09), Unregistered (1)
Gold moved on the good bearish movement on the last Friday.
Now, Gold is moving near the 1740.05 support level. If Gold can break this support, I think Gold will continue falling today and may reaches the lower support level at around 1719.66. But if Gold fail to break this support, Gold may reverse around here and go up to the 1759.04 resistance level.
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ah15 (2018-12-20), ba33 (2018-12-20), gale (2018-12-19), Muhammadasif (2018-12-20), Mureedabbas (2019-03-21), rashidnawaz (2018-12-20), sarfraz786 (2018-12-20), Shahzada (2018-12-20), ShahzaibQais (2019-01-09), Unregistered (1)
Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.The trading rang for today is among the major support @ 1498 and the key of resistance @ 1511.
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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ah15 (2018-12-20), ba33 (2018-12-20), gale (2018-12-19), Muhammadasif (2018-12-20), NOOR151 (2018-12-24), rashidnawaz (2018-12-20), sarfraz786 (2018-12-20), Shahzada (2018-12-20), ShahzaibQais (2019-01-09)
Gold Ki Aj Market Up Ki Tarf Ho Rahiii Hai And
Mujhe Lagta Hai Aj Market Up Tarf He Hogii
Tw Main Yah Kahun Ga Humay Yahan Se Sell ki Chal Laga Denii Chay
Main Umeed Krta Hun Ap Humarii es Ray Par pora Utry Gan
Good Luck
Current Rate:1248.30
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ah15 (2018-12-20), ba33 (2018-12-20), gale (2018-12-19), isha (2018-12-19), rashidnawaz (2018-12-20), sajidhabib (2018-12-19), sarfraz786 (2018-12-20), sarowhite (2018-12-20), ShahzaibQais (2019-01-09)
-Current rate of gold is 1250.3
-Today's Technical Analysis of GOLD shows that the value is going up and is in strong "BUY" position.
I recommend "BUY" trade upto the point 1251.0
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.
gale (2018-12-19), isha (2018-12-19), Shahzada (2018-12-20), ShahzaibQais (2019-01-09)
Technical Analysis for GOLD
Market Trend is : BULLISH
Resistance Level are:-
1= Resistance Level is : 1252
2= Resistance Level is : 1553
3= Resistance Level is : 1257
Supporting Level are:-
1= Supporting Level is : 1250
2= Supporting Level is : 1248
3= Supporting Level is : 1247
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.
gale (2018-12-19), isha (2018-12-19), JameelUrRehman (2018-12-19), Shahzada (2018-12-20), ShahzaibQais (2019-01-09), Sonafi (2018-12-23)
Today's Technical Analysis for: GOLD
Today Market Trend is : Bullish
Resistance Level are:-
1> Resistance Level is : 1251
2> Resistance Level is : 1253
3> Resistance Level is : 1255
Supporting Level are:-
1> Supporting Level is : 1248
2> Supporting Level is : 1246
3> Supporting Level is : 1244
Take profit is : 1254
Stop Loss is : 1245
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.
Anees786 (2018-12-23), gale (2018-12-19), isha (2018-12-19), JameelUrRehman (2018-12-19), ShahzaibQais (2019-01-09), Trump (2018-12-22)
my dear sir today of my tachnical analysis is gold buy to bullish
Resistance lever one is. 1250
Resistance lever two is. 1251
Resistance lever three is. 1252
Support lever one is. 1248
Support lever two is. 1247
Support lever three is. 1246
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.
AlluluWalmarjaan (2018-12-19), gale (2018-12-19), isha (2018-12-19), JameelUrRehman (2018-12-19), Shahzada (2018-12-20), ShahzaibQais (2019-01-09), Sonafi (2018-12-19)
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