Technical Analysis For Gold Today 14-08-2019 22:00:04


In 1 hour chart Gold price continues to trade at 38186 and above the (Exponential Moving Average)EMA200 value of 36792.7 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 36792.7 is proving a tough nut to crack.

Pivot (invalidation): 37932

Our preference: Long positions above 38495

Alternative scenario: Below 37199 look for further downside.

Support Resistance Levels For Gold Today at 14-08-2019 22:00:04

Pivot: 37932

Resistance 1: 38495

Resistance 2: 39228

Resistance 3: 39791

Support 1: 37199

Support 2: 36636

Support 3: 35903

Yesterday High Low Close For Gold

Yesterday High: 38665

Yesterday Low: 37369

Yesterday Close: 37762

Today at 14-08-2019 22:00:04 Gold trading at 38186 with high of 38339 and low of 37693

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