Gold Trend Today Technical Analysis for 29-11-2019 23:00:04


In 1 hour chart Gold price continues to trade at 38070 and above the (Exponential Moving Average)EMA200 value of 37873.7 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 37873.7 is proving a tough nut to crack.

Pivot (invalidation): 37672.3

Our preference: Long positions above 37804.7

Alternative scenario: Below 37596.7 look for further downside.

Support Resistance Levels For Gold Today at 29-11-2019 23:00:04

Pivot: 37672.3

Resistance 1: 37804.7

Resistance 2: 37880.3

Resistance 3: 38012.7

Support 1: 37596.7

Support 2: 37464.3

Support 3: 37388.7

Yesterday High Low Close For Gold

Yesterday High: 37748

Yesterday Low: 37540

Yesterday Close: 37729

Today at 29-11-2019 23:00:04 Gold trading at 38070 with high of 38095 and low of 37693

Leave a Reply

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