Gold Trend Today Technical Analysis for 11-11-2019 10:00:03


In 1 hour chart Gold price continues to trade at 37705 and below the (Exponential Moving Average)EMA200 value of 38077.1 and keeps its stability below until now, while 1 hour MACD Of 12,26,9 is in Buy mode. Therefore, we will keep our Sell overview conditioned by the price stability below

However, if Gold continues to trade below level, that could be an extraordinarily Bearish sign for Gold

Even so, the 200-candle Exponential moving average (EMA) price range of 38077.1 is proving a tough nut to crack.

Pivot (invalidation): 37676

Our preference: Long positions above 37875

Alternative scenario: Below 37483 look for further downside.

Support Resistance Levels For Gold Today at 11-11-2019 10:00:03

Pivot: 37676

Resistance 1: 37875

Resistance 2: 38068

Resistance 3: 38267

Support 1: 37483

Support 2: 37284

Support 3: 37091

Yesterday High Low Close For Gold

Yesterday High: 37869

Yesterday Low: 37477

Yesterday Close: 37682

Today at 11-11-2019 10:00:03 Gold trading at 37705 with high of 37727 and low of 37659

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