Thread: Gold
XAU/USD
XAU/USD has been moving up, it has resistence at 1629.9 and next level of resistence afther that will be 1632.05. For support we have 1618.45 and 1.613.77 At this momentIs near a 0 fibonacci number, price is trading at the moment below yesterday low. Last time price was at that level had a good reaction i expect this level to hold.
Today Daily Pivot point for this pair is 1623.335
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Hamzagoroo (2019-05-25)
I would like to analyze in long term view of the pair. In H4 chart, the price is in uptrend. So, I think the price will decrease slightly to the Kumo Cloud and then it will increase strongly.
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Hamzagoroo (2019-05-25)
Comex gold in the division of the New York Mercantile Exchange traded in a choppy, as some investors took over on Wednesday and dollar rebound, however, prices will remain well supported until agreement is reached to raise the U.S. debt ceiling
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Hamzagoroo (2019-05-25)
Silver :
The dealing go for these days is among the significant assistance @ 1498 and the key of level of resistance @ 1511.
The common over temporary base is to the benefit focusing on 1511 as far as area of 1520 .
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Hamzagoroo (2019-05-25)
Now its best time to make long term investment into gold as we see recovery of EU zone in next few days and gold will arise with that to i buy it and aim to sell in next two months hpefully this will give me expected return i make this analysis after consider all facts.
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Gold approached the level of resistance and hid until they can be seen that the graph razvorachivalsa no bottom, but also on the sample is still too early to say, the indicators show almost the same, so the easiest way to zarabatat money is to keep them ... so I recommend to wait for clarification situation ...
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Hamzagoroo (2019-05-25)
The MACD histogram is still located in the positive zone, wee stopped at about the same urovne.Ostsillyator stochastic is in overbought zone close to the south and razvorachivaetsa .. So I think there may be a rebound from a very strong resistance to 1633.00 ...
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Hamzagoroo (2019-05-25)
The RSI is mixed bullish. Long position is preferable above 1608 with price targets 1629 and 1640. If it goes to below 1608 then we can expect downward movement 1600 and 1588.5 as price targets.
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Hamzagoroo (2019-05-25)
Gold is again approached the level of support and an inclined bottom of the channel, today, gold continues to trade with little or no change, I think at the approach to this line will rebound and the continued growth of gold in the flesh to the level of 1637.
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)
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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