SubscribePivot Point is 1482.27
Trend is BUY
@1 Resistance : 1487.84
@2 Resistance : 1495.47
@3 Resistance : 1501.25
@1 Supporting : 1474.64
@2 Supporting : 1469.07
@3 Supporting : 1461.25
Thread: Gold
Pivot Point is 1482.27
Trend is BUY
@1 Resistance : 1487.84
@2 Resistance : 1495.47
@3 Resistance : 1501.25
@1 Supporting : 1474.64
@2 Supporting : 1469.07
@3 Supporting : 1461.25
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This post is from Iqra noor
Gold
Market Trend is Buy
Resistance levels
1: Resistance Level is:> 1492
2: Resistance Level is:> 1494
3: Resistance Level is:> 1499
Supporting levels
1: Supporting Level is:> 1485
2: Supporting Level is:> 1481
3: Supporting Level is:> 1478
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Ahmadali (2019-12-05), Moon22 (2019-12-11), QasimShop (2019-12-05), Shahzadahmed4850 (2019-12-06), Version2 (2019-12-05)
Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
gold
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading
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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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Gold
Gold The failure to close a breakout above $1480 will come as a considerable disappointment for the gold bulls. We have long been talking about all the old August to October lows around $1480 being a source of overhead supply and this has been a factor in yesterday’s failure at $1484. We discussed previously, the lack of selling pressure on gold as the support at $1445 has held firm, however, equally, this rebound is struggling again. We must though now see how the market responds again to today’s tick higher which is again eyeing $1480. A decisive close above $1480 would suggest continued recovery towards the psychological $1500 and a $1510 implied target. However, we are also mindful that the outlook on momentum is still medium term correctively configured and this is likely to still be another near term rally within a medium term bear phase. The RSI failing under 60 and MACD lines failing around neutral would be triggers for renewed selling. There is a distinct lack of certainty in outlook for gold right now, but a “phase one” trade agreement would weigh back on $1445.
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Today market trend Sell.In my analysis Gold prices decline to $1,474.50 amid the initial Asian session on Thursday. The bullion pulled back from 50-Day Simple Moving Average (DMA) while portraying a bearish candlestick formation during the previous day.Good bye traders.
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Gold price needs a negative motive
Gold price settles around 1475.00 level since yesterday, and the price needs to get negative motive to support the chances of resuming the expected bearish trend for the upcoming period, which depends on the price stability below 1489.00.
Our negative targets begin by testing 1447.00 level, reminding you that breaking this level will push the price to 1413.10 as a next station, while breaching 1489.00 represents the key to stop the current bearish correction and regain the main bullish trend.
The expected trading range for today is between 1455.00 support and 1490.00 resistance.
The expected trend for today: Overall Bearish
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Gold and most precious metals prices are quoted in troy ounces; however, countries that have adopted the metric system price gold in grams, kilograms and tonnes.
Grams = 0.032151 troy ounces
Kg = 32.150747 troy ounces
Tonnes = 32,150,7466 troy ounces
Tael = 1.203370 troy ounces
Tola = 0.374878 troy ounce
Though not as popular as kilograms and grams, Tael is a weight measurement in China. The tola is a weight measurement in South Asia.
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Iqra Noor (2019-12-05)
Gold
Trend is Sell
Resistance levels
Resistance Level1>>>1492
Resistance Level2>>>1494
Resistance Level3>>>1499
Supporting levels
Supporting Level1>>>1485
Supporting Level2>>>1481
Supporting Level3>>>1478
Give Thanks if you like....👍
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148 (2019-12-05)
Gold
Trend is Sell
Resistance levels
Resistance Level1>>>1492
Resistance Level2>>>1494
Resistance Level3>>>1499
Supporting levels
Supporting Level1>>>1485
Supporting Level2>>>1481
Supporting Level3>>>1478Price 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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