Technical Analysis For Gold Today 18-07-2019 10:00:04

In 1 hour chart Gold price continues to trade at 35071 and above the (Exponential Moving Average)EMA200 value of 34557.9 and keeps its stability above until now, while 1 hour MACD Of 12,26,9 is in Buy 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 34557.9 is proving a tough nut to crack.

Pivot (invalidation): 34985.7

Our preference: Long positions above 35289.3

Alternative scenario: Below 34832.3 look for further downside.

Support Resistance Levels For Gold Today at 18-07-2019 10:00:04

Pivot: 34985.7

Resistance 1: 35289.3

Resistance 2: 35442.7

Resistance 3: 35746.3

Support 1: 34832.3

Support 2: 34528.7

Support 3: 34375.3

Yesterday High Low Close For Gold

Yesterday High: 35139

Yesterday Low: 34682

Yesterday Close: 35136

Today at 18-07-2019 10:00:04 Gold trading at 35071 with high of 35104 and low of 35027

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.