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As long as price stays below ema 50, the trend will remain bearish trend
During the last MACD below the level 0, the trend will remain bearish trend
Trend: Bearish
Target: 1627.27
Thread: Gold
As long as price stays below ema 50, the trend will remain bearish trend
During the last MACD below the level 0, the trend will remain bearish trend
Trend: Bearish
Target: 1627.27
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Hamzagoroo (2019-05-25)
Todays technical analysis-
in H1 time frame pice is make double bottom and may be this time if price is falling then it will break the lower side of bottom and can touch the lower side 1610.00 level
Resistance 3- 1702.30
Resistance 2- 1686.50
Resistance 1- 1666.80
Pivot point- 1651.00
Support 1- 1631.30
Support 2- 1615.00
Support 3- 1595.80
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Towards the end of the week the price of gold (XAUUSD) hit back. Suspended by a moving average (now at 1663.00) price of gold continues to fall swiftly to reach the level of 76.4%, which is 1638.76. The price of gold even had to 1635.75 before rebounding to 1649.60 which is the intraday resistance area.
Until gold prices managed to hold above the 1652.00 area and the moving average, the selling pressure can not be ignored. If this week's gold price closed firmly below the zone in 1630, almost certainly at the beginning of next week the gold price will go back down.
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Hamzagoroo (2019-05-25)
gold fall again yesterday, as it opened below the pivot today, technically gold will be move down again towards 1631.47, however if it can break the pivot 1651.36, it is possible to go up towards 1687.43
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Gold just checked his daily trend line and went up nearly 100pips.I think key level is around 1630 level and 1622 level if those break we can see 15xx.Gold daily MACD shows bearish stoch also.But this is holiday season.Any thing can happen
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Hamzagoroo (2019-05-25)
Gold trades in the near-term corrective phase, consolidating recent losses that accelerated on a break below 1684 double-bottom. Temporary support was found at 1660, expansion of wave from 1752, with consolidation between here and 1676, further weakness may extend to 1630 and equivalent of the initial wave from 1795 to 1672, once 1660 is cleared.
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Hamzagoroo (2019-05-25)
gold ek bhot keemtee dhat hai ye kafi mehnga hai or gharib admi is ko afurd nahi kar saktay is ki keemat me din ba din ezafa he hota ja raha hai is ki keemat aj 65000 say b ziada hai
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.
Hamzagoroo (2019-05-25)
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gold is wkt bhai g bht ziada down hoa ha ye r down ho ga ku k dollar down ha ku dino sy obama b ro rha ha wo jo accident hoa ha 32 childern may gy hain log us k bary m obama py tanz kr ry hain to is lie bhai g gold next week b dowm rhy gy agy k pta ni ha ye latest ha new s
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Hamzagoroo (2019-05-25)
abhi gold upor jayega. h4 trend ke mutabik maine ye faisala li he ki abhi gold buy karna he. bold buy at 1613.17 and tp hoga 1618.99 ya usse kuch kam . and sl dene ka jarurat nehi agar aapke paas huge balance ho.
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.
Hamzagoroo (2019-05-25)
Pre-Signal Analysis: Sideways
Recommendation: This is equally rich in silver = ngak comments yet - be careful sideways-if the demand is also near invisibility = 1660.40 could add bearish - but it's hard - really cheap prices already seem to get now - looking for buy candle bulls on low .
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