Gold

[t.forex]

We will begin with the permission of God, our analysis of gold coin on the four-hour and the daily team.

As evidenced by the Isfila chart as it descends from the level 100.0 Fibonacci where there is strong resistance in that area. I think his descent is starting to show something, and he's going to land again, even though his ascent was already well-marked, and it's likely that the price will fall below 1200 USD if he keeps coming down in the next few days.

The precious currency is now traded in a somewhat negative range within the price of 1200 US dollars and I expect to go back down despite the long recession of gold more than four months ago
The precious currency is traded during this day with a very high rate of 1200 USD after it fell from 1236 in the previous days to the price of 1200 currently and this is very strong where the price has penetrated the level of the value of the. s and let him go down again

Important Note: Gold is in a downward trend after the apostasy of the resistance zone at the level of 100 Veio and this is illustrated by the four hour chart and the daily Frim and is expected to be back down again in the coming days due to clear purchasing saturation through the chart

This is well illustrated by the chart shown on the four-hour-wide

[Bahubali2]

Sir g gold aik worlds best aur worlds dificult pair hy jiss ki wjha sy kai trader ya to gold ko he apna target rakhty hein aur kai trader gold sy dor rehty hein kiyon k is ki pip price bohut ziyada hy aur movment bhi bohut ziyada hy gold ko aynalise karna bohut mushkil hy aur kai bar sahi aynalise bhi glat ho jaty hein

[NOOR151]

Current trend jo hai woh upward trend pe hai aur jab target hai 1554 agar price niche ki aur gaya toh lowest point hai iska 1536, breaking the trend turn to the downside targeting 1531 then 1525

[babar8487]

(Kitco News) - King Dollar will rule over gold prices in the near-term. but the yellow metal will continue to be an important diversifies and safe-haven asset for investors in the long-term, according to one fund manager.

[babar8487]

as
U.S. gold futures were up 0.1 percent at $1,203.9 per ounce.


There has been some stalling in the U.S dollar, the rise has eased helping gold to pick up, said john Sharma, as economist with National Australian Bank (NAB)

[billyboy00007]

The US President Donald Trump’s head economic adviser told that the United States welcomed the resumption of discussions with China on trade, while Vice President Mike Pence urged Beijing to adjust its behavior so as to evade a new cold war with the United States. This ultimately drives the safe-haven demand in the market.

gold is trading in a tight range of $1,199 – $1,205 which may get violated on the release of US inflation figures. The bullish breakout is likely to lead gold prices towards $1,211 and $1,216. Whereas, the market can stay bearish below $1,205 until $1,199 and $1,193.

Support Resistance
1197.33 1206.14
1192.43 1210.05
1183.62 1218.86
Key Trading Level: 1201.24

[lenovo]

Resistance lever and Support lever
current price Gold ; 1200.03


Resistance lever 1 : 1203.21
Resistance lever 2 : 1205.65
Resistance lever 3 : 1207.65

Support lever 1 : 1198.65
Support lever 2 : 1197.54
Support lever 3 : 1195.87

[babar8487]

Spot gold was little changed at $1,202.08 per ounce at 0754 GMT.


Price had slipped to their lowest level since Oct. 11 at $1,195.90 in the previous session.

[babar8487]

Reuters.
Gold prices held steady on Wednesday as the U.S. dollar retraced from a 16-month high touched earlier in the week, easing amid a surge in the euro and sterling on a draft Brexit agreement.

[babar8487]

Gold steady as dollar slips form multi-month high

• Holdings of the world's largest gold-backed exchange-traded fund. SPDR Gold trust, fell 0.11 percent to 761.16 tonnes.
• Spot gold may bounce to $1.211 per ounce. as it has found a support around $1.195 , said Reuters technical analyst Wang Tao.