Current trend jo hai woh upward trend pe hai aur jab target hai 1554 agar price niche ki aur gaya toh lowest point hai iska 1536, breaking the trend turn to the downside targeting 1531 then 1525
Thread: Gold
Current trend jo hai woh upward trend pe hai aur jab target hai 1554 agar price niche ki aur gaya toh lowest point hai iska 1536, breaking the trend turn to the downside targeting 1531 then 1525
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Adnanmehdi (2019-12-22)
Gold price loses momentum
Gold price tested the correctional bearish channel’s resistance and keeps its stability below it, accompanied by stochastic loss to the positive momentum gradually, which supports the chances of resuming the expected bearish trend for the upcoming period, which its first main target located at 1447.00, reminding you that the continuation of the bearish wave depends on the price stability below 1489.00.
The expected trading range for today is between 1460.00 support and 1489.00 resistance.
The expected trend for today: Bearish
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Adnanmehdi (2019-12-22), IPL (2019-12-20), Version2 (2019-12-21)
Price raised $5 after market open and formed another bullish candle on daily chart, if its able to break the 1551 then we see some quick rally toward all time high, Hold on buy order till all time high.
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Adnanmehdi (2019-12-22), IPL (2019-12-20), Iqlevel (2019-12-20), Unregistered (2)
Weekly trending upwards - Lagging span above cloud - Future cloud bullish
the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today
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Adnanmehdi (2019-12-22), IPL (2019-12-20), SDK (2019-12-20)
Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
BesT Of LucK
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Adnanmehdi (2019-12-22), IPL (2019-12-20), SDK (2019-12-20)
CFDS ON GOLD (US$ / OZ)
TVC
:GOLD (Derived Data)
1477.72
USD
−0.88 (−0.06%)
MARKET OPEN (DEC 20 08:59 UTC)
1478.60
PREV
1478.70
OPEN
0
VOLUME
1476.97 — 1479.66
DAY'S RANGE
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Adnanmehdi (2019-12-22), IPL (2019-12-20), SDK (2019-12-20)
Gold
1477.8-0.5200(-0.0400%)
08:53:56(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
1476.7 - 1479.6
Class
Commodities
Bid/Ask
1477.6/1477.9
Symbol
XAUUSD
Subclass / Sector
Metals
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11Star (2019-12-20), Adnanmehdi (2019-12-22), IPL (2019-12-20), SDK (2019-12-20)
Gold
1477.5-0.7400(-0.0500%)
08:47:19(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
1476.7 - 1479.6
Class
Commodities
Bid/Ask
1477.4/1477.7
Symbol
XAUUSD
Subclass / Sector
Metals
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.
11Star (2019-12-20), Adnanmehdi (2019-12-22), IPL (2019-12-20), SDK (2019-12-20), Zain25 (2019-12-20)
Dear i.forex members
GOLD
On this Day i will predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
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.
11Star (2019-12-20), Adnanmehdi (2019-12-22), Babarali786 (2019-12-20), IPL (2019-12-20), SDK (2019-12-20), Zain25 (2019-12-20)
Gold
Gold remains in a sideways trend, in what I believe is a bull flag pattern. Holding the target of 1478/80 but above here look for 1485/86. A break above 1492 is an important medium term buy signal.
Minor support at 1471/73 but below 1470 tests support at 1463/61. Below 1460 targets 1457/56. A break below 1454 targets 1450 & 1445.
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.
11Star (2019-12-20), Adnanmehdi (2019-12-22), Babarali786 (2019-12-20), IPL (2019-12-20), SDK (2019-12-20), Zain25 (2019-12-20)
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