Technical Analysis For Gold Today 17-07-2019 16:00:04

In 1 hour chart Gold price continues to trade at 34720 and above the (Exponential Moving Average)EMA200 value of 34520.3 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 34520.3 is proving a tough nut to crack.

Pivot (invalidation): 34819.3

Our preference: Long positions above 34928.7

Alternative scenario: Below 34692.7 look for further downside.

Support Resistance Levels For Gold Today at 17-07-2019 16:00:04

Pivot: 34819.3

Resistance 1: 34928.7

Resistance 2: 35055.3

Resistance 3: 35164.7

Support 1: 34692.7

Support 2: 34583.3

Support 3: 34456.7

Yesterday High Low Close For Gold

Yesterday High: 34946

Yesterday Low: 34710

Yesterday Close: 34802

Today at 17-07-2019 16:00:04 Gold trading at 34720 with high of 34794 and low of 34682

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