Gold

[FM1881]

Main ye thread GOLD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.The trading rang for today is among the major support @ 1498 and the key of resistance @ 1511.
The general over short term basis is to the upside targeting 1511 as far as area of 1520 . I closed my buy order and just watching the movement, waiting for some good entry if its able to hit the 1540 level then we see some quick raise.

[Olx]

XAUUSD: as it fell, short-term or test 1265


Non adverse effects on also gold place over a period of time, taking into account the price of gold has been Powei technology and mechanism of gold attitude is not positive, therefore, short-term is expected to decline in gold is expected to expand and touch the daily BOLL line under the rail line 1265

[Mehboob bhai]

The majority of the foreign exchange brokers execute business via phone. The phone lines between brokers and banks are dedicated, or direct, and are usually in-stalled free of charge by the broker. A foreign exchange brokerage firm has direct lines to banks around the world. Most foreign exchange is executed through an open box system—a microphone in front of the broker that continuously transmits everything he or she says on the direct phone lines to the speaker boxes in the banks. This way, all banks can hear all the deals being executed. Because of the open box system used by brokers, a trader is able to hear all prices quoted; whether the bid was hit or the offer taken; and the following price. What the trader will not be able to hear is the amounts of particular bids and offers and the names of the banks showing the prices. Prices are anonymous the anonymity of the banks that are trading in the market ensures the market's efficiency, as all banks have a fair chance to trade.

[Nelson]

gold

Resistance UP ^

pivot point # 1660

1#Resistance 1665

2# Resistance 1672

3# Resistance 1675

Support DOWN V

1# Support 1656

2# Support 1650

3# Support 1645

[Rana imran]

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

[Alex vector]

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.

[Abubakar 148]

i'm thinking that they don't have to protect their investments since they already liquidated their earnings during the previous day (friday today so time de-stress). the bounce back up to 1660 happened mostly during the asian market where they found 1640 as a gold bargain.

[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.

[Zain25]

Gold
1663.6-36.090(-2.1200%)
06:02:53(GMT)|Real-Time Data, Quoted in USD
Open
N/A
Day's Range
1657.2 - 1702.6
Class
Commodities
Bid/Ask
1663.4/1663.8
Symbol
XAUUSD
Subclass / Sector
Metals

[Shahnawaz148]

(Reuters) - Gold prices jumped past the $1,700 per ounce level for the first time since late 2012 on Monday, as a widening coronavirus outbreak and a plunge in crude oil hammered equities and sent investors scurrying for safe havens.

FUNDAMENTALS
* Spot gold XAU= rose 1.5% to $1,699.20 per ounce by 0054 GMT, having touched its highest since December 2012 at $1,702.45 earlier in the session.

* U.S. gold futures GCv1 jumped 1.6% to $1,699.70 per ounce.

* Asian equities sank as investors fled to bonds to hedge the economic shock of the coronavirus, and oil plunged more than 20% after Saudi Arabia slashed its official selling price.