Asalamoalaikum according to my knowledge today gold trend is towards low side .now gold is start to move up and down . Now gold is on 1186 . It may be go towards up side may be 1190 or 1195 today.....
Asalamoalaikum according to my knowledge today gold trend is towards low side .now gold is start to move up and down . Now gold is on 1186 . It may be go towards up side may be 1190 or 1195 today.....
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Gold. The bias is neutral in the nearest term, immediate resistance is seen around 1191 area, while support around 1178 area. A clear break and consistent movement above 1191 area is needed to trigger bullish momentum testing 1197 area, before aiming 1202 area. On the other side, breaking back below 1178 area would bring the price down retesting 1172, or even lower around 1168 area.
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now after few hours gold trend is upword and reach at 1190 and above so i decide to buy gold at the rate of 1180 and take profit at 1190 and above and stop lose at 1168, these signal are base with my experience so if you success then tell me. now the time is start for this trade
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Gold. The bias is bearish in nearest term but we need a clear break back below 1175 area to trigger further bearish correction scenario retesting 1169 support area. Immediate resistance is seen around 1187 area, another consistent break above that area would trigger further bullish pressure retesting 1196 area before turning lower.
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Gold is moving as I expected him in the previous posts and is now trading within the channel became depressed and this is what will make us see the gold tends to fall more
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Spoiler:
[IMG]vvcap.net/db/BabeGlpSalQLC74vYvqR.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: Previously, the market has come to the area on Fibonacci 161.8. Certainly, the market trend is still going toward the 261.8 Fibonacci at 1198.00
Recommendation: Buy
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Gold. The bias is bearish in nearest term but we need a clear break back below 1177 area to trigger further bearish correction scenario retesting 1169 support area. Immediate resistance is seen around 1187 area, another consistent break above that area would trigger further bullish pressure retesting 1196 area before turning lower.
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.
Spoiler:
[IMG]vvcap.net/db/3f6Jp_Zj3AQOTeP2bthQ.png[/IMG]
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: It appears that the market has broken through the trendline. Is predicted to lead to the Fibonacci 423.6 in the third support at 1167.30 daily for long-term predictions
Recommendation: Sell
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The current trend downward trend 1530 targets and stop loss 1526 1542 if the price went to the highest point breakers 1542 the trend reversed to the upside targeting 1545 and then 1550
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