Gold

[Malik786786]

The actual result was better as there was a rise of 1.1% in sales to a seasonally adjusted annual rate of 5.60 million. However, the current reading was less than the last +3.0%.Overall, gold price has moved into a bearish zone and it may perhaps decline further towards the $1,310 level.German IFO Business Climate Index for April 2018 � Forecast 102.6, versus 114.7 previous.
US New Home Sales for March 2018 (MoM) � Forecast +1.9% versus -0.6% previous.

[Malik786786]

On the upside, the broken support near $1,335 and the 200 simple moving average (green, 4-hour) will most likely act as resistances if the price corrects higher.Recently, the US Existing Home Sales report for March 2018 was released by the National Association of Realtors. The market was looking for a 0.2% rise in sales compared with the previous month.

[Malik786786]

More importantly, there was a break below two bullish trend lines at $1,345 and $1,335 on the 4-hours chart of XAU/USD. It also declined below $1,330, and the 200 simple moving average (green, 4-hour) and the 100 simple moving average (red, 4-hour).These are negative signs, which could ignite more declines in Gold price in the near term. The next stop for sellers could be near the 1.236 Fib extension of the last wave from the $1,319 low to $1,365 high.

[Malik786786]

There was a major top formed above the $1,355 level in gold price against the US Dollar. The price declined sharply and broke many important supports near $1,335 to move into a bearish zone.Looking at the 4-hours chart, there were back to back bearish candles from the $1,354 swing high. The price declined and broke the 50% Fib retracement level of the last wave from the $1,319 low to $1,365 high.

[Malik786786]

Gold price started a downside move from the $1,355 level against the US Dollar.There was a break below two bullish trend lines at $1,345 and $1,335 on the 4-hours chart of XAU/USD.The US Existing Home sales in March 2018 grew 1.1%, more than the +0.2% forecast.Today, the US New Home Sales report for March 2018 will be released, which is forecasted to post a 1.9% rise in sales.

[batool]

gold pair ki price movement 1321.84 sy 1328.05 ki abhi tk howy hay aor gold ka trend strong sell ka hay aor Trader gold ko 1328 say 1333 ki price py sell kar lay aor Trader gold ko take profit 1320 sy 1315 ki price main adjust karna dana chhy aor Trader ko stop loss 1335 ja adjust karna thek rahay ga aor Trader gold ki all updates aor market ko thek tarah say analysis aor study kar kay gold main clear market ky trend ko follow kar kay order place karna zrori hota hay

[mian5575405]

bhai agir gold ki bat ki jay to 1320 pr brake thi jis ko gold brake nhi kr ska or up jana start ho gua hai or mujy lgta hai ab next jo GOLD ka target ho skta hai woh hai 13334 or man man ny to buy kr lua hai aap bhi bay kr skty hain han to abhi kosh late ho gy but abhi bhi asha time hai buy krny ka

[khizar1]

GOLD Today Prediction
Strategy: SELL , stop loss at 1330.00, take profit at 1310.00, 1300.00
Resistance levels: 1330.00, 1333.00, and 1337.00.
Support levels: 1315.00, 1310.00, and 1300.00.

[FOREXBOY]

Gold Analysis - (click me)
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is post pe mene apko bataya tha ki gold niche ja sakth hai agar level break karta hai toh vha se gold ne apko around 150 pips ka profit diya or tik 1321 level se gold ab retrace kar rha hai , or ye time hai quick scalpers k liye ki woh kuch buy me profit le sakte hai abhi or 1334 level tak gold ki uptrend meh jane ki possibility hai toh jarur is trade ko right moneymangement k sath trade kare, or is trade se ap around 70 pips profit book kar sakte hai abhi bhi

[zulfiqar5564]

Gold not cross the up price level 1330, it means that Gold pair trading today in selling and i recommend that trader place the sell in Gold 1325 - 1330 and use of take profit at 200 to 300 pips point mean use tp at 1320 - 1314 and use stop loss price 1333, I recommend today use sell in Gold pair and make good earning profit in gold pair trades and trader must analyze the market first then place order in gold.