Thread: Gold
old, the price goes down sharply yesterday. 1296.20 price to penetrate the area. This further strengthens the case if the daily MA has been trending down sharply, and is under the daily MA MA weekly trending down. there is no other option than sell. if you want to sell wait for the price bounces around MA daily. likely the price will go to 1280.10. but if it fails to be heading 1296.20
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The metal is facing now the level of 1579.00, where a breach of this level might trigger the extension of the downside movement . The metal breached this level indeed, but yet further confirmation is needed. In general, our morning expectations remain valid, supported by the symmetrical triangle shown above on the chart.
Recommendation : Based on the charts and explanations above our opinion is selling gold around 1590.00, targeting 1579.00, 1552.00 and 1530.00 and stop loss with 4-hour closing above 1624.00 might be appropriate.
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Forex Forecast with price level.
Gold - pair in focus.
Current Price - 1225.70
main support level - 1214.80
main resistance level - 1236.40
Pair likely to be in Sell today.
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ba33 (2018-11-24), Intelligent (2018-11-21), isha (2018-11-21), MotuPatlu (2018-11-21)
Time Frame - 4 Hour
Currency pair - Gold
Buy @ - 1201.40
Stop Loss - 1199.40
Take Profit - 1203.30
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
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ba33 (2018-11-24), Intelligent (2018-11-21), isha (2018-11-21), MotuPatlu (2018-11-21), snake (2018-11-20)
Winning signals - Profit signals.
Today Target Pair - Gold
Today main profit zone .
1224.86 - 1225.53 - 1226.16
Today main support zone.
1222.26 - 1222.93 - 1223.56
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
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 currency pair.
forecast Date - Tue Nov 20 2018
Today forex signal - Buy.
Support 3 - Support 2 - Support 1.
1212.70 - 1215.60 - 1220.10
Resistance 1 - Resistance 2 - Resistance 3.
1227.50 - 1230.40 - 1234.90
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1223.00
This currency name - Gold
Resistance and Target - 1230.40
Support and Stop Loss - 1215.60
Always follow Long time frame market trend.
Signal is Sell.
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Gold
techncal analysis gold
this is a sensitive price rate.
the price gold buying point is 1221.47 and the selling point 1222.07
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Today current GOLD rater : 1224.80
Today i think that zyada sy zyada selling point will be 1223.65
and today i think most profitable buy point will be 1225.65
I hope you all will follow my views and i hope
you all will earn more money by following my signals
my all best wishes are with you good luck
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.
Pair : GOLD
Resistance 3 = 1261
Resistance 2 = 1245
Resistance 1 = 1232
Pivot Point = 1223
Support 1 = 1216
Support 2 = 1205
Support 3 = 1197
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.
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