Gold

[Nirzana]

Analysis for Gold:

Lets have a check the chart with 4H time frame:




From The chart it looks that it has created a long down trend from 1308 price to 1260 and then just few hours ago it has broker the one and only support for this year 1260 and already created a down trend, creating new support with 1254. And hopefully it may break this support too with few days and most probable chance to reach 1230.

My signal:

For long term trader:

%%%%%%%%%%%%%%%%%%%% Sell %%%%%%%%%%%%%%%


For short term trader:

%%%%%%%%%%%%%%%%%%%% Sell %%%%%%%%%%%%%%%

^^^^^^^^^^^^^^^^^^^^^^ Down Trend ^^^^^^^^^^^^^^^^^^^

Conclusion: It shows that it will be better for both short term and long term trader to put Sell with Gold and hopefully you will get lots of profit this month and I hope that end of July it may start go up again

_____________________________ The End ___________________________

[Akhterp]

Gold continues to trade bearish on Tuesday despite all the bullish fundamentals. Looks like the stronger dollar is overshadowing the uncertainty spread by the POTUS. The technical outlook for gold is also bearish.

Gold – XAU/USD – Fundamental Analysis
Recalling our previous update Sideways Trading In Gold – Trade War Tension Escalates, the trade war sentiments escalated due to the comments made by the President of United States. Trump is considering listing China’s investment in U.S. companies as a threat to economic and national security.
However, the U.S. Treasury Secretary Steven Mnuchin remarked that the investment restrictions will not be specific to China but would apply “to all countries that are trying to steal our technology.”

Gold remained supported over the news but the horizontal trendline resistance of $1,267 is giving it a hard time. Actually, gold was trading in a descending triangle pattern which was violated at $1.265 on the lower side.

Presently, gold is facing a resistance near $1,262 along with a support near $1,257. The 50 – periods EMA is supporting the bearish trend. The violation of $1,257 can extend the bearish rally towards $1,251. Whereas above $1,261, the market can stay bullish until $1,265.

[Feroz]

gold ek bohat bara pair ha and bohat zaida move karny wala be pair ha is ma trading hamay soch samaj ka karny chahiye and is ma bari bari lots ka use nahi karna chahiye ta ka account be safe rahy

[tayyab4ptc]

gold aur oil trading kafi difficult task hai aur is k liye aap k pass is ka proper knowledge aur experience hona lazmi hai warna aap is k sath profit nahi kama saktey. gold metal aur highly liquid hai aur on demand cash mai convert able hai jis ki wajah sey broker is trading ko like kartey hain.

[junaidjamsheed455]

In commodity market any individual work and receive a good return from the market. In MCX you buy or sell the contract of different commodities that gives you an extra investment opportunity as well as delivery cost, transportation cost, and other cost also reduces.ifferernt Commodities has different lot size Like Gold -100, Silver-30, Zinc Aluminium and Lead has lot size of 5000 and Coper-1000 , Nickel-250, Crude Oil- 100 and Natural Gas has lot size of 1250.To purchase a single lot of a commodity, you doesn’t have to pay full amount you just have pay a margin amount that is decided by the Exchange.thanks

[zulfiqar5564]

Gold pair trend in strong selling and Gold price trading now below price 1262 it mean Gold pair no more chance to up the prices above 1265 to 1270 and i recommend sell the Gold above 1264, 1267 and 1270 and adjustment the stop loss on prices above 1266 and 1272 and adjustment the take profit on prices below 1258, 1254 and 1251 and trader must analyze the Gold pair right prices movement first and completely clear the trend and make order in Gold pair and make good profit with Gold pair trading.

[Fiya]

gold in strong sell trend today and i give you gold price movement prices and today support aor resistance level details , see the prices of gold give below ------------------------

Resistance levels: R1: $1266.85 R2: $1269.90 R3: $1271.10.

Support levels: S1: $1258.45 S2: $1254.80 S3: $1251.50.

[FOREXBOY]

gold ka price strong support zone meh hai abhi yha se thodi retracement jarur dekhne ke liye mil sakti hai or yha se movement agar downside hoti hai toh ye pair 1242 k level ko test kar sakta hai within this month. Gold meh abhi bhi overall trend sell ka hai or abhi koi reverse trend confirm nahi hua hai.

[Forexcoolgirl]

price level now --1267.83--, aaj ka movement (Gold) meh kafi - weak - movement reh sakta hai, market ki movement se aaj - Downtrend - movement ke chances jayada hai, market agar is --1266.26-- level ko break karti hai toh next target rhegi --1265.43-- or isko break karne k bad final target rhegi --1263.86--. final Resistance -- level rhegi -- 1271.06 - isko break karne ke baad strong - Buy - signal rhegi. Ye analysis/signal short time frame or scalpers ke liye hai.

[bachaya786]

Price raised $5 after market open and formed another bullish candle on daily chart over short term basis is to the upside targeting 1511 as far as area of 1520 .