Gold

[hamza332]

Gold prices trimmed losses and rose back to the $1,940 neighbourhood during the American session. XAU/USD bottomed after the release of US economic data at $1,911/oz, the lowest level since August 12 and then rebounded to $1,945.

Near the end of the week, gold is hovering around $1,935 as it has been the case since late Wednesday. The mentioned level appears to be an equilibrium level in the very short term. The main trend is bullish, but currently XAU/USD is correcting lower. The ongoing recovery of the US dollar is a negative factor for gold.

The area between $1,900 and $1,920 could be seen as a support band that if broken, should open the door to more losses. On the upside, the immediate resistance stands below $1,960 and then $1,980.

[Locky]

Forex trading is dificult soch kar trading kary

This pair is in a directionless consolidation,

we can see that the price is gravitating heavily to the downside.

It has repeatedly found support at the yet after every bounce it tends to return to this area,

creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend

If you understand the marketing strategies then you will earn better profit.

@@Forex Trading is the tree of Money@@$

[sp1973]

Today Pair Trend= BULLISH

Pivotal Point =1937.92

Time Frame = H 4

Risk Reward Ratio Should Be = 1:2

Take Your Trade With Emotional Discipline.

[Locky]

Forex trading is dificult soch kar trading kary

This pair is in a directionless consolidation,

we can see that the price is gravitating heavily to the downside.

It has repeatedly found support at the yet after every bounce it tends to return to this area,

creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend

If you understand the marketing strategies then you will earn better profit.

@@Forex Trading is the tree of Money@@$

[Awais 656]

Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit

[Asmara]

gold = buy

time frame = daily

trend = buy

daily time frame me gold buy me ja skta hai. or ye high level 1955 b break kr skta hai. is ley hum ko gold ko buy krna chahye. or short term me ye sell me aa skta hai. mgr daily or weekly time me buy me ja skta hai.

[Kaka00]

Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.===========

[Ahad45]

Today market trending is buy

Moving average or techincall indicator shows that markete move up side

According to my analysis today this pair is looking BEARISH

We should trade buy

If you understand the marketing strategies then you will earn better profit.

If you cannot learn about market trend then you will face lose

Best strategy give Best profit in forex trading
"Best"

[Fyyaz532]

Gold picks up bids near $1,930 during the early Tuesday morning in Asia. The yellow metal dropped for the last two days in a row while closing around $1,923/24 on Monday. Although buyers are trying to retake controls, the quote remains inside the previous day’s trading range between $1,924 and $1,934.

Bears’ return or consolidation?
While lower high since early August, followed by the latest weakness in the yellow metal’s prices, favor gold bears, a short-term triangle formation established since August 07 keeps the buyers hopeful. Not only the technical pattern but fundamentals are also probing the sellers’ entry.

Among them, the prevalence of the coronavirus (COVID-19) and the Sino-American tussle grab major attention. Even if the US government’s efforts to fast-track the pandemic’s cure recently favored the risk-tone sentiment, the rest of the top three virus-hit economies, namely India and Brazil, are still jostling with the first wave of the spread.

On the other hand, TikTok’s latest suit over the Trump administration’s ban, claiming lack of fair chance to defend itself, joins India’s phasing out of Huawei equipment to cite the Sino-American tension. Additionally, the global markets’ cautious sentiment ahead of this week’s key Jackson Hole Symposium also favors the risk-aversion and may help the commodity prices.

Though nothing from the farther could disappoint risk-takers on Monday as S&P 500 and Nasdaq refreshed record highs while the US 10-year Treasury yields also rose 1.4 basis points to 0.654% by the end of North American session. While offering extra burden on the quote, the US dollar index (DXY) rose past-93.00 to 93.30 the previous day.

Moving on, gold traders may witness a dull day in Asia amid a lack of major data/events. Though, the latest chatter over India’s moves and US Secretary of State Mike Pompeo’s stand on Israel may offer small moves.

Technical analysis
With the 21-day SMA joining the resistance line of a short-term triangle around $1,971/72, buyers are likely to have a tough nut to crack while aiming the north. Alternatively, a downside break of $1,924, comprising the triangle’s support, can take rest on a 50-day SMA level near $1,871 before challenging the monthly low around $1,863.

[SDK]

Gold ka 1 bahut strong resistance lagta hai 1950 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down trend itnio easily nahi aayega..
So for gold i would recommend you guys to wait and watch