current level is Gold/ 1285.30
resistance level 1/ 1288.65
resistance level 2/ 1290.65
resistance level 3/ 1291.54
support level 1/1283.69
support level 2/ 1281.10
support level 3/ 1278.67
Thread: Gold
current level is Gold/ 1285.30
resistance level 1/ 1288.65
resistance level 2/ 1290.65
resistance level 3/ 1291.54
support level 1/1283.69
support level 2/ 1281.10
support level 3/ 1278.67
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For short term trader in gold there is a good technical today because if we look the chart in the picture above, gold go to up after touched monthly support level 2 yesterday in american session.
In asian market today ma 16 had crossed up ma 96 .It can indicate that the price will go up, below trend analysis today with ma system:
ma 16 as short term trend indicator= up
ma 96 as medium term trend indicator= sideways
ma 480 as long term trend indicator = down
So the trend is up weak short term
I predict the price will go up again until weekly support 2 area 1601.57
If looking mreinstein stochastic signal tf h1 & h4 in overbought area now, so before up again ,gold price may down then retrace up.
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Resistance level and Support level
current trading Gold= 1285.69
Resistance Levels
resistance level 1=1287.69
resistance level 2= 1289.65
resistance level 3= 1291.01
Support Levels
support level 1=1283.91
support level 2= 1281.37
support level 3= 1279.21
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302 (2019-01-23), gale (2019-01-23), PAK786 (2019-01-23), QamarXulqi (2019-01-23), zaing (2019-01-23)
Today's Technical Analysis for: GOLD
According to H4 time Frame, it seems to be
Today Market Trend is : BEARISH
Resistance Level are:-
1> Resistance Level is : 1282
2> Resistance Level is : 1283
3> Resistance Level is : 1285
Supporting Level are:-
1> Supporting Level is : 1278
2> Supporting Level is : 1275
3> Supporting Level is : 1272
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GOLD Today Analysis
PIVOT POINT 1282.45
Support 1 1279.60
Support 2 1274.37
Support 3 1271.52
Resistance 1 1287.68
Resistance 2 1290.53
Resistance 3 1295.76
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Today gold rate 1285.55
In my observation the profitable next selling ponit will be 1284.40
and by my mind the profitable next buy point will be 1286.40
You will earn more money if you will follow my views
because i have posted this after checking the previous routine clearly
good luck
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Gold: The futures of Gold fell today after the data from China were in line with the forecasts thus confirmed the increase in Chinese economic growth. The issue might ease the pressure on the government to announce new measures for stimulating the economy. The November futures of gold dropped to $1737.80 dollars per troy ounce on COMEX today.
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current price gold/ 1285.65
resistance level 1/ 1286.69
resistance level 2/ 1287.91
resistance level 3/ 1288.60
support level 1/ 1283.69
support level 2/ 1282.54
support level 3/ 1281.69
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.
Meanwhile, the U.S. is to release a flurry of data, including reports on retail sales, manufacturing activity in New York and Philadelphia, initial jobless claims and housing starts, among others.
Elsewhere on the Comex, silver for December delivery settled at USD33.48 a troy ounce by close of trade on Friday. Earlier in the session, silver futures touched a low of USD33.46, the weakest level since September 26.
On the week, silver futures lost 3.05%.
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.
hello everyone do you have any update about todays value of trading about gold![]()
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