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
Thread: Gold
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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Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.
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Right now the gold rate 1287.75
Today the suitable selling point will be 1287.10
And today the most suitable buying point is 1287.98
Good luck
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Currency Pair: Gold
Hour 4 Trend: Strong Buy
Support and Resistance levels:
Support 1=====> 1282
Support 2=====> 1280
Support 3=====> 1278
Resistance 1=====> 1287
Resistance 2=====> 1290
Resistance 3=====> 1295
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Barring Wednesday's knee-jerk spike to three-week tops, the precious metal has been oscillating well within a broader trading range since the beginning of this week.
• Meanwhile, bulls have been showing some resilience below 100-hour SMA and any subsequent downtick remained limited near a short-term ascending trend-line.
Technical indicators on hourly charts held in the bullish territory but have struggled to gain positive traction, which coupled with neutral oscillators on the daily chart have failed to inspire bullish traders or provide any meaningful impetus.
Hence, it would be prudent to wait for a sustained move beyond the $1388-90 horizontal zone before traders start positioning aggressively for a further near-term appreciating move towards reclaiming the key $1300 psychological mark.
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Alternatively, the 1.5170 trend-line resistance can limit the pair’s nearby advances, breaking which 1.5180 & 1.5240 could appear on Bulls’ radars. However, the 1.5300-1.5310 horizontal-zone may restrict the pair’s rally above 1.5240, if not then 1.5400 can come back on the chart.
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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.
GOLD PRICE
People with an interest in global financial markets often pay particular attention to the live gold price, along with its daily, weekly, monthly and historical fluctuations. Traders also keep a watchful eye on gold price forecasts, not only for the potential impact on their portfolios but for the important insights into the health of economies throughout the world. For example, rising gold prices could signal uncertainty or potential upheaval, as investors tend to turn to gold as a safe-haven asset when other financial instruments
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.
5150 (2019-05-10)
Spot Gold
SUPPORT LEVEL AND RESISTANT LEVEL
S3: 1267.13
S2: 1275.06
S1: 1279.84
PP: 1282.99
R1: 1287.77
R2: 1290.92
R3: 1298.85
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FM1881 (2019-05-10)
Thread is Gold
My technical analyses to the markeet .
It has bullish trend now .it has buy position at this level .
Crunt rate is . . . . . 1286.48
Resistance level
1 . . . . . . . . . . . . . . 1288.70
2 . . . . . . . . . . . . . . 1290.50
3 . . . . . . . . . . . . . . 1294.87
Support level
1 . . . . . . . . . . . . . . 1283.340
2 . . . . . . . . . . . . . . 1280.78
3 . . . . . . . . . . . . . . 1277.92
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.
Ahmad22 (2019-05-10)
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