Buy gold and set your take profit at 20 pips. Keep proper lot size and do not risk your money.
Thread: Gold
Buy gold and set your take profit at 20 pips. Keep proper lot size and do not risk your money.
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Analysis of the pair GOLD
WEEKLY trend is showing a BEARISH moment for the pair.
Support levels for the pair is:
Support1: 1268.35
Support2: 1273.26
Support3: 1276.88
Resistance levels for the pair is:
Resistance1: 1285.41
Resistance2: 1290.32
Resistance3: 1293.94
Time is Money and Money is time so Focus on Time not Money
Downward dynamics in the development of the hour period is preserved, as in the downward movement of the CCI oscillator line and the momentum oscillator line. This week is expected to bearish activity in the market and the price is expected to fall to levels of 50.0. 61.8 fibo correctional grid, which corresponds to resistance levels 1277, 1274.
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Gold continues to fluctuate around the SMA 50, and as long as the price is below 1208.40, our bearish outlook remains effective as a breach of this level will lead the price to reach 1238.30 mainly, while the break of 1190.00 represents the negative impact of the triple top Ability to push the price towards our awaited targets that start at 1180.00 then 1160.00.
Resistance price is :
Resistance 1:1285.63
Resistance 2:1286.75
Resistance 3:1288.90
Supporting price is :
Supporting 1:1281.45
Supporting 2:1278.26
Supporting 3:1275.12
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Gold Resistance & Support
Resistance
1 Resistance 1279.65
2 Resistance 1281.81
3 Resistance 1283.02
Support
1 Support 1275.78
2 Support 1273.64
3 Support 1260.49
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Gold
Moving average:sell
Resistance level of this pair is:
1# Resistance is: 1280.23
2# Resistance is: 1282.33
3# Resistance is: 1284.65
Supporting level of this pair is :
1# Supporting is: 1278.50
2# Supporting is: 1276.41
3# Supporting is: 1274.06
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Gold Technical analysis
Level of Resistance
1/ Resistance 1278.61
2/ Resistance 1279.72
3/ Resistance 1381.96
Level of Support
1/ Support 1274.62
2/ Support 1273.51
3/ Support 1271.35
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Trading pair is: Gold
My trend is: sell
Current price is :1279.77
Resistance level is ,,,,,,
1, Resistance is : 1280.50
2, Resistance is :1284.60
3, Resistance is : 1287.90
Supporting level is,,,,,,,
1, Supporting is ;1278.30
2, Supporting is : 1275.41
3, Supporting is : 1271.02
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The present pattern descending pattern 1530 targets and stop misfortune 1198 1222 if the cost went to the most noteworthy point breakers 1242 the pattern turned around to the upside focusing on 1245 and after that 1250
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Rahim217 (2019-04-30)
Gold ka 1 bahut solid opposition lagta hai 1550 pe...waise to is point kop todna thoda mushkil hai lekin agar gold iske upar nikal gaya to fir iska down pattern itnio effectively nahi aayega..
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.
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