Gold

[Shahzadahmed4850]

Gold

Gold A traditional consolidation is forming ahead of the payrolls report today. The crucial factor though is that this consolidation is coming in the wake of a failed breakout above $1480 (a key area of overhead supply) in a move that has left resistance at $1484. It means that the direction garnered from the payrolls report today could be crucial in determining the near to medium term outlook. We see the daily RSI faltering in the low to mid-50s. Previous bull failures have come with RSI around 60, suggesting there could still be some further upside in recovery. A downtrend from the $1557 high sits at $1490 today, so again there could still be some upside to play out near term. However, the resistance around $1480 has been key for several weeks now and does not seem to be willing to give way. It would need a move above $1500 to really suggest the bulls are in a sustainable recovery. For today though, a decent payrolls would be gold negative. Another bull failure at or around $1480 with a renewed negative candle would be a key move to re-open the $1445 support again. The hourly chart shows initial support around $1460/$1466.

[Iqra Noor]

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
Click Thanks if you like.

[aliakhtar829]

Time Frame - 4 Hour
Currency pair - Gold
Buy @ - 1479.05
Stop Loss - 1473.15
Take Profit - 1486.05
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.

[NAZ]

Prev. Close 1,496.98
Open 1,497.05
Day LowDay High 1,489.40 1,498.35 1,496.90
52 Week Low52 Week High1,177.63 1,557.00 1,496.90

[Naeem88]

I anticipate this pair GOLD have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.

I recommend to take LONG position today.

time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.

[Naeem88]

I anticipate this pair GOLD have bullish course
.
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.

I recommend to take LONG position today.

time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.

[RYK]

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.

[NAZ]

Pivot Point jo hai wo 1336

Resistance 1331
Resistance 1330
Resistance 1337

Support 1328
Support 1326
Support 1322

[Bmw123]

Pair: gold

Today indicators shown bearish down short terms trend.

Pivot Point : 1472

Supporting Levels:

Support 1: 1455
Support 2: 1453
Support 3: 1448

TREND: BULLISH

Resistance Levels:

Resistance 1: 1478
Resistance 2: 1486
Resistance 3: 1494

When today the market is opened then showing down and supporting levels are also available here its not remain here this pair because h4 telling here up side that is down trends..

[hania]

gOLD>>

pivot point :1473
first resistance is on point : 1475
second resistance is on point :1478
third resistance is on point : 1480

In my observation the profitable next selling point will be 1478

and by my mind the profitable next buy point will be 1460

I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.

note;simply moving on parabolic levels entry.>