Technical Analysis For Gold Today 11-07-2019 23:00:03

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In 1 hour chart Gold price continues to trade at 34710 and above the (Exponential Moving Average)EMA200 value of 34299.1 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Sell mode. Therefore, we will keep our Buy overview conditioned by the price stability above

However, if Gold continues to trade above level, that could be an extraordinarily Bullish sign for Gold

Even so, the 200-candle Exponential moving average (EMA) price range of 34299.1 is proving a tough nut to crack.

Pivot (invalidation): 34704

Our preference: Long positions above 35038

Alternative scenario: Below 34523 look for further downside.

Support Resistance Levels For Gold Today at 11-07-2019 23:00:03

Pivot: 34704

Resistance 1: 35038

Resistance 2: 35219

Resistance 3: 35553

Support 1: 34523

Support 2: 34189

Support 3: 34008

Yesterday High Low Close For Gold

Yesterday High: 34885

Yesterday Low: 34370

Yesterday Close: 34857

Today at 11-07-2019 23:00:03 Gold trading at 34710 with high of 35121 and low of 34686

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