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.
Thread: Gold
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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Gold plummeted nearly 9% this week as sharp declines in equity markets fueled haven flows into the dollar. The FOMC rate decision on Wednesday saw the Fed announce the purchase $400 billion in long-term debt in an operation dubbed by market participants as ‘operation twist.’
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gold Today Analysis
Market Trend Bullish
Pivot Point 1276.33
S 1 1278.40
S 2 1282.20
S 3 1288.90
R 1 1270.10
R 2 1268.30
R 3 1266.70
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Gold is sell
Resistance and Supporting levels is :a
Resistance level is
1> Resistance level is:1312
2> Resistance level is: 1365
3> Resistance level is: 1396
Supporting level is
1> Supporting level is: 1243
2> Supporting level is: 1210
3> Supporting level is: 1180
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Gold
Todays my technical analysis of gold
Market trend is strongly sell position today.
Pivot point is =1276.30
Resistance and Supporting levels.
1 Supporting =1278.45
2 Supporting =1282.30
3 supporting =1288.70
And
1 RESISTANCE =1270.15
2 RESISTANCE =1268.40
3 RESISTANCE =1266.80
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the price has been break the fib 61.8 level and the support of 1290.00 the price is also moving below the pivot point 1292.87 so more down trend can expected. if the price is break 1280.00 level then this will be falling down to the support at 1250.00
good luck.
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gold ka bary main sab e khas bat ye haii ka ye bohat e fast miove kerta hai humain is sse aa toh bohat e acha profit hasil hota hai orr ya pher humain is amin se boaht ee bura loss hota hai is leya humain is ka abry main jo b kerna hota hai purta ka pura sochana hota hai ek pher is ko analyze ker na hota hai
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XAUUSD: as it fell, short-term or test 1265
Non adverse effects on also gold place over a period of time, taking into account the price of gold has been Powei technology and mechanism of gold attitude is not positive, therefore, short-term is expected to decline in gold is expected to expand and touch the daily BOLL line under the rail line 1265
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Gold made a move back below its short-term downside line taken from the high of February. Even though we are now seeing a small correction to the upside, if the precious metal continues to trade
1 Resistance level is:1312
2 Resistance level is: 1365
3 Resistance level is: 1396
1 Supporting level is: 1245
2 Supporting level is: 1213
3 Supporting level is: 1181
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Muneer7171 (2019-05-18), RYK (2019-05-18), SDK (2019-05-18), zainm6050 (2019-05-24)
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.
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.
jellybelly2017 (2019-05-18), RYK (2019-05-18), SDK (2019-05-18), zainm6050 (2019-05-24)
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