Gold

[veirge14]

Recommendation Gold
Entry price recommendation: 1679.8
The focal point trading: 1663
Recommendation: Access buy above 1663 levels of 1695 & 1710
Alternative scenario: in the case of the downward breach to the level of 1663, it is expected that this will pave the way to the level of 1652 & 1643
Comment: Gold chart, the RSI in a bullish trend and signals more bullish rise
Direction: the direction of short-term coherent and an upward trend in the medium term.
Resistance levels
1723 - resistance level during the trading day
1710 - a resistance at the channel
1695 - a focal point during the trading day
Support levels
1663 - a focal point during the trading day
1652 - the level of support during the trading day
1643 - the level of support during the trading day

[mahmoud2000]

For gold now stand at the strong resistance at 1680.00

I expect possible bounce from here

But in the case continue to climb expect possible connects to 1700.00

And reflux

[ihab]

Price of gold build on the SMA 50 which from barrier to protect our positive expectation instantaneous where now targeting high level of 1692.00 and then 1710.00

[mahmoud mohamed tawfik]

long positions at 1664 with 1669 and 1675 asd next targets

the breakout of 1659 will callfor arebound towards 1654

[ispgamer]

Bulls also on here till now. this can be nice to be take buy OP with make sure use the SL bellow the demand zone at about price 1650.xx

[mari980]

1762.17 to 1765.49 at a fixed experience may help. If the range 1770.86 resistance and survive rough reception area will be displayed.

[ashaab]

Gold is trading in a very narrow range and there is no major price action change from yesterday. The Gold is trading in a descending channel and in a bullish wedge pattern which is within the main descending channel as shown in the provided daily chart. There is no clear signal for the upcoming movement in the Gold Therefore we stay away from Gold at this stage waiting for more confirm signal.

[erespe]

Gold is moving above its daily pivot level, it is potentially goes up towards 1674.50 or even higher. but if gold price move below pivot level 1666.95, gold will possible to go down towards 1659.65 or lower.

[VANDA_S]

On the hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 1.687.37
SL: 1650.86

[veirge14]

Entry price recommendation: 1668.53
The focal point trading: 1670
Recommendation: enter into sale under 1670 levels of 1652 & 1643
Alternative scenario: in the case of a breakout upward to the level of 1670, it is expected that this will pave the way to the level of 1678 & 1695
Comment: Gold chart, the pair breached the uptrend line. As long as the level of 1670 blind resistance is expected volatility of price movement with a downward slope
Direction: the direction of short-term coherent and an upward trend in the medium term.
Resistance levels
1695 - resistance level during the trading day
1678 - the highest price previously
1670 - a focal point during the trading day
Support levels
1652 - the level of support during the trading day
1643 - the level of support during the trading day
1626 - the level of support during the trading day