Gold

[Mureedabbas]

Gold needs to remain above this level.
After temporarily breaking back up through the $1300 mark at the beginning of last week, gold has now racked up 5 straight days of losses as investors exit the precious metal as safe haven in favor of the US dollar which has been powering ahead on the back of trade tensions between the US and China as well as a continuous flow of data coming out of the US.
“The safe-haven demand of the U.S. dollar is taking some of the gloss off gold’s safety,” said Michael McCarthy, chief market strategist, CMC Markets.

“It is a tough time all around for gold with the break below $1,290 also pressuring it. In the absence of safe-haven demand I would expect to see ongoing modest pressure on gold prices.” He added.

Gold is trading today at around $1270 an ounce and is pushing down towards a critical support level of between $126050 and $1260 an ounce and if this price fails to hold, we may be in for further losses.

[muhammadbwn]

Technical analysis of Gold

current price is : 1275.65
parabolic trend : Bearish
moving average :Bearish

Strong Resistance and Supporting levels ,,

Strong Resistance level first,

Resistance 1>1278.11
Resistance 2>1282.32
Resistance 3>1286.65

Strong Supporting level now,

Supporting 1>1271.42
Supporting 2>1268.65
Supporting 3>1263.11

if you like my analysis give me thanks

[00923027642346]

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 1296.20

[Ayfy]

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

[jellybelly2017]

Follow my channel for signals ! TRADINGVIEW DELETED 10 Analyzes because i promoted my telegram group with a link. Still got them on my website! - We got a lower high ( signal was in my FREE Channel ) - Since then price moved lower and we prob going to see


1 Resistance is:1278.60
2 Resistance is:1290.88
3 Resistance is:1294.50


1 Supporting is:1274.35
2 Supporting is:1271.23
3 Supporting is:1269.01

[JamesX9]

Gold Analysis today
Market short term
Buying

PIVOT POINT 1276.40

S1 ) 1274.10

S2 ) 1267.50

S3 ) 1264.53


R1 ) 1280.44

R2 ) 1286.32

R3 ) 1291.60

follow proper money management.

[Qasim14]

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 1296.20

[onetrading]

my analysis of the trading pair : Gold


pivot point is:1280.60

Parabolic is:sell
Moving average is:sell

So Resistance and Supporting Level is,,,,

Resistance Level is:

1,Resistance is:1278.60
2,Resistance is:1290.88
3,Resistance is:1294.50

Supporting Level is:

1,Supporting is:1274.33
2,Supporting is:1271.21
3,Supporting is:1269.02

if you like my this analysis so give me thanks on my this post ,,,

[Farmansali]

Gold***

. position of the gold in markeet has bearish trend
It has buy option here at pivot point . 1276.38.it is
recommend you to do the open position buy with some criteria such as the following. You put a take profit positions at 1276.15
You put a stop loss positions at 1275.65
that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BEARISH TREND /////
. . Thanks for it . . . .

[joney]

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.