Pivot points1538.05
Resistance 1=1538.05
Resistance 2=1542.25
Resistance 3=1544.95
Support 1=1536.55
Support 2=1533.85
Support 3=1532.35
Thread: Gold
Pivot points1538.05
Resistance 1=1538.05
Resistance 2=1542.25
Resistance 3=1544.95
Support 1=1536.55
Support 2=1533.85
Support 3=1532.35
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Resisrance level 1540
Support level 1518
Thanks shukria for the help
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GOLD Trend is down
1 Resistance level:1535.38
2 Resistance level:1521.12
3 Resistance level:1506.21
1 Supporting level:1495.13
2 Supporting level:1434.24
3 Supporting level:1400.39
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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
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Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.
Japan will announce the preliminary reading of economic growth in the second quarter of 2019 on August 8. Market participants expect the Japanese economy to slow down quite badly. Market consensus gathered by Reuters estimates that the quarterly annualized economy of the Rising Sun Country is 0.4%.
Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.
Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%.
The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.
Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.
In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.
If China's trade surplus (especially against the US) continues to swell, then the US might become inflamed. US President Donald Trump can be more confident in implementing import duties for the import of products made in China valued at US $ 300 billion starting next September.
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RYK (2019-09-25), Unregistered (2), zahraali989 (2019-09-25), zainm6050 (2019-09-25), Zeeshani (2019-09-25)
GOLD..........
Today market trend is SELL
aj as ki postion sell ki ban rahi hai
as lye hum ko as mien sell ki trade ko oepn karna behter ho ga
tamam indicators bee sell ka ishara ker rahy hain
moving avarages 67%
bolinger band 19%
parabolic 97%
So Market Trend Is Over All Sell Hai......
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Today i will discuss this pair......
In this pair eveverybody know about this it. upward and downward movement.. And it is also compulsory for everyone to use any of one indicater or analysis for thair trading. I also use some indicators for my batter Trading and for earn a good profit ... The list of indicator those i uses are as follows.
Parabolic SR
moving average 10
Moving average 60
Moving average 200
MACD Future
Fibo piv-2
These indicators are Most important for me and my trading know off. Everyday i am using these indicator .and earn a good profit.
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Winning signals - Profit signals.
Today Target Pair - Gold
Today main profit zone .
1547.25 - 1555.35 - 1567.45
Today main support zone.
1506.85 - 1514.95 - 1527.05
Follow my trades with risk management in mind.
Always make profit - calculate the profit at month end.
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 Trend is sell
1 Resistance :1535.31
2 Resistance :1521.19
3 Resistance :1506.22
1 Supporting :1495.13
2 Supporting :1434.24
3 Supporting :1400.35
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.
RYK (2019-09-25), zahraali989 (2019-09-25)
Market analysis and trend:ßuy
Current price , Previous price
And
Resistance points , Support points given is message about market up
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are strong signals about market up so could the trading of ßuy
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading
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 (2019-09-25), Obama (2019-09-25), Ronald (2019-09-25), RYK (2019-09-25), zahraali989 (2019-09-25)
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