Gold Technical Analysis
Gold resistance level ko breakout dene mein nakaam raha hain jo 1,960$ resistance level par hain aur abhi abhi fresh price decline kiya hain USD dollar ke against, Gold ne jo abhi breakout diya hain wo 1,900$ aur 1,880$ support leve ko breakout karke down trend par move ho raha hain,
Agar market ka price 1,850$ level ko breakout diya to tab ye downtrend mein hi move karne lag jayega, niche moving average SMA 50 H1 par hain
Agar price breakout deta hain 1,825$ ayr 1,830$ to tab ye FIBO 23.6% tak recover kar sakta hain FIBO jo draw kiya gaya hain wo High 1,959 swing se 1,815$ low se draw kiya gaya hain aur ismein dekha gaya hain ki price ne kafi had tak recover kiya hain niche bahoot hi strong support jo hain wo 1.855$ aur 1,860$ hain
Price future movement aur strong support resistance ke liye humne ek tirangle bhi draw kiya hain jo price Triangle line ke beech mein move ho raha hain agar up breakout hota hain to iska target 1,900$ ke uper hi rahega aur niche breakout par 1,828 par ja sakta hain,
aur agla jo resistance hain wo 50% FIBO par kiya ja sakta hain jo humne 1,959 high aur low 1,815 draw kiya hain.
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