Technical Analysis For Gold Today 18-07-2019 17:00:03

In 1 hour chart Gold price continues to trade at 34964 and above the (Exponential Moving Average)EMA200 value of 34589.8 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 34589.8 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 17:00:03

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 17:00:03 Gold trading at 34964 with high of 35120 and low of 34926

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