Thread: Gold
gold, the price goes down sharply yesterday. 1296.20 price to penetrate the area. This further strengthens the case if the daily MA has been trending down sharply, and is under the daily MA MA weekly trending down. there is no other option than sell. if you want to sell wait for the price bounces around MA daily. likely the price will go to 1280.10. but if it fails to be heading 1296.2
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The trading range for today is among the key support at 1530.00 and key resistance now at 1638.00.
The short-term trend is to the upside with steady weekly closing above 1475.00 targeting 1945.00.
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lagatar 3-4 din neeche girnme ke bad gold ab stable ho gaya hai aur iska uptrend start ho gaya hai
mere khayal se gold ko yaah se kharid ke 1.5500 ke pas tak sell kiya ja sakta hai..gold me aap is waqt acha opasia kaam sakte ho
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Gold will raise upto 1650-1660 levels and then we see some huge fall to retrace the Big raise in last few days and then we can target 1700 levels in some couple of month
Gold on the Comex division of the New York Mercantile Exchange traded in a choppy fashion Wednesday as some investors booked profits and the dollar rebounded; nevertheless, prices will remain well supported until a deal is struck to raise the US debt ceiling.
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The current trend downward trend 1530 targets and stop loss 1526 1542 if the price went to the highest point breakers 1542 the trend reversed to the upside targeting 1545 and then 1550
Gold :
The trading rang for today is among the major support @ 1498 and the key of resistance @ 1511.
The general over short term basis is to the upside targeting 1511 as far as area of 1520 .
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Gold ka 1 bahut strong resistance lagta hai 1550 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
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gold futures have posted a nice week. Values are up around 150 ticks and bids are pushing this market toward the psyche level of 1250.0. The December gold contract first began seeing consistent traded volumes back in June. The 62% Fibonacci retracement of the December contract’s 2018 range (1264.9) is a critical level.
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Gold ka 1 bahut strong resistance lagta hai 1550 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
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.
Forex Forecast with price level.
Gold - pair in focus.
Current Price - 1238.87
main support level - 1220.34
main resistance level - 1254.84
Pair likely to be in Sell today.
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.
FM2127 (2018-10-29), Unregistered (2)
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1232.43
This currency name - Gold
Resistance and Target - 1241.43
Support and Stop Loss - 1223.43
Always follow Long time frame market trend.
Signal is Sell.
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