Gold Analysis Signal Alerts From Centreforex

[B]Our Preference: Sell Below 1076 for the target 1058 levels.
Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading in the sideways movement between key resistance and key support level and yesterday its was closed below the resistance level of horizontal line and trading below the upper trend line so today we can sell near upper trend line and except upto next support levels :- which we have shown in attached image.

In 4 Hour Chart :- Gold was trading in the intraday triangle pattern and Gold trading in the sideways movement between key resistance level and key support levels and now its was trading near key resistance level of upper trend line, so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.

In 1 Hour Chart :- Gold was broken the triangle pattern lower side so its confirming for the selling side and now its was trading near key resistance level of lower trend line so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.

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[B]
Our Preference: Sell Below 1082 for the target 1073 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Last week Gold was trading with upper trend line and closed below the 1080 resistance level of horizontal line and now last 4 days acting as major resistance level so this week we can except on selling side with stoploss above last 3 weeks high of resistance level of horizontal line :- which we have shown in attached image.

In Daily Chart :- Gold was trading in the triangle pattern and its was trading in the sideways movement between key resistance and key support level and yesterday its was closed below the resistance level of horizontal line and trading below the upper trend line and its tested the upper trend line so today we can sell near upper trend line and except upto next support levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- Gold was broken the triangle pattern on upper side so we can except upto next key resistance level of horizontal line and Gold was trading in the sideways movement between key resistance level and key support levels so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.

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[B]Our Preference: Buy Above 1096 for the target 1114 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Last week Gold closed above last 2 months high and its closed on higher side as bullish candle so its conforming for the buying zone and we can buy near key support level and except upto next resistance level :- which we have shown in attached image.

In Daily Chart :- Gold was trading in the triangle pattern and its broken the resistance level of horizontal line and last 2 days it was closed above the resistance level so its conforming for the buying zone and we can buy near key support level and except upto next resistance level :- which we have shown in attached image.

In 4 Hour Chart :- Gold was broken the resistance of sideways movement on higher side now previous resistance acting as key support level so we can buy near support level and except upto next key resistance levels :- which we have shown in attached image.

1 Hour Chart :- Gold was broken the resistance level and now its trading with lower trend line so we can buy near lower trend line of support level and expect upto next key resistance level :- which we have shown in attached image.

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[B]Our Preference: Sell Below 1099 for the target 1088 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern, yesterday it was closed below the resistance level of horizontal line and its closed as bearish candle so today we can sell near key resistance level and except upto next support level :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- Gold was trading below the resistance level and its was trading in the sideways movement between key resistance level and key support level so we can sell near resistance level of horizontal line and except upto next key support levels :- which we have shown in attached image.

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[B]Our Preference: Buy Above 1088 for the target 1100 levels.

Alternative Scenario: Sell Below 1085 for the target 1078 levels.

Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern, yesterday it was tested the key support level of horizontal line and closed on higher side as bullish candle so today we can buy near key support level of horizontal line and except upto next resistance levels :- which we have shown in attached image.

In 4 Hour Chart :- Gold was broken the resistance 1088 level of horizontal line and its was trading in the sideways movement between key resistance level and key support level so we can buy near support level of horizontal line and except upto next key resistance levels :- which we have shown in attached image.

In 1 Hour Chart :- Gold was trading in the triangle pattern and now its was trading near upper trend line, if the upper trend line breaks means we can except on buying zone If not it will come to lower trend line from there we can except on buying side, so today we can buy near intraday support level and except upto next resistance levels :- which we have shown in attached image.

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[B]Our Preference: Buy Above 1099 for the target 1112 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Yesterday Gold was closed above the key resistance level of horizontal line and its was trading near the key support level of horizontal line so today we can buy near key support level of horizontal line and except upto next resistance levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- Gold was broken the sideways movement on upper side now previous resistance acting as key support level so we can buy near support level of horizontal line and except upto next key resistance level :- which we have shown in attached image.

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[B]Our Preference: Buy Above 1108 for the target 1126 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading above the resistance 1110 level and last 2 days we got closing above the resistance level so today we can buy near key support level of horizontal line and except upto next resistance levels :- which we have shown in attached image.

In 4 Hour Chart :- Gold was tested the upper trend line and its broken the sideways movement on upper side now previous resistance acting as key support level so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.

and 1 Hour Chart :- Gold was trading in the equidistant channel line and its tested the lower channel line and its trading lower channel line of key support level, so we can buy near intraday support level and except upto next resistance levels :- which we have shown in attached image.

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[B]Our Preference: Buy Above 1114 for the target 1126 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Last week Gold was closed on higher side and closed above last 2 week high so its confirming for the buying zone and we can buy near resistance level and except upto next key support level :- which we have shown in attached image.

In Daily Chart :- Last day Gold was closed above the resistance level and its was trading with lower trend line and its was trading above the resistance 1110 level so today we can buy near key support level lower trend line and except upto next resistance levels :- which we have shown in attached image.

In 4 Hour Chart :- Gold was trading with lower trend line and we got closing above the upper trend line so its conforming for the buying side so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.

1 Hour Chart :- Gold was trading in the equidistant channel line and resistance are broken so we can buy near intraday support level and except upto next resistance levels :- which we have shown in attached image.

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[B]Our Preference: Buy Above 1190 for the target 1220 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Gold was tested the long term equidistant upper channel line and closed below the upper channel line and last week its was broken the key resistance level of horizontal line so we can buy near key support level and except upto upper trend line…

In Daily Chart :- Gold was trading above the upper trend line and key resistance level of horizontal line and previous resistance was acting as key support 1190 level and now gold was trading near key support level of horizontal line so today we can buy near key support 1190 level and except upto next key resistance levels :- which we have shown in attached image.

In 4 Hour Chart :- Gold was tested the lower trend line and closed above the key resistance level of horizontal line and we got closing above the resistance level and lower trend line so its conforming for the buying side so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.

In 1 Hour Chart:- Gold was trading in the triangle pattern and now gold was tested the lower trend and its confirming for the buying side so we can buy near support level and except upto next key resistance level :- which we have shown in attached image.

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[B]Our Preference: Sell Below 1122 for the target 1205 levels.

Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was trading in the triangle pattern and yesterday it was closed on lower side as bearish candle so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart:- Gold was trading in the triangle pattern and its was trading in the sideways movement between key resistance level and key support level now its trading near upper trend line so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image.

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[B]Our Preference: Sell Below 1244 for the target 1200 levels.

Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Gold was tested the long term equidistant upper channel line and new upper trend line was formed and last week after the upper trend line its came back and closed on lower side as bearish candle and yesterday its broken the key support level so this week we can except on selling side upto next key support level of horizontal line.

In Daily Chart :- Yesterday gold was broken the key support level of lower trend line and closed below the lower trend line and its closed as bearish candle so today we can except sell off from the intraday resistance level upto next key support levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- Gold was broken the lower trend line of key support level and its was trading below the key support level and now this key support level acting as key resistaace 1244 level so we can except on selling side below 1244 upto next key support 1200 levels :- which we have shown in attached image.

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[B]Our Preference: Buy Above 1280 for the target 1300 levels.
Alternative Scenario: Nill

Technical Commentary:- In Weekly Chart :- Gold was bounced back from the key support level of horizontal line and it was closed on higher side as bullish candle so its confirming for the buying side to move next key resistance level so we can buy near key support level and except to test previous resistance level :- which we have shown in attached image.

In Daily Chart :- After testing the key support level of lower trend line and gold was moving towards on buying trend so we can except on next resistance level 1303 level so today we can except buy off from the intraday support level upto next key resistance levels :- which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- Gold was trading in the equidistant channel line and its broken the upper trend line of key resistance level so we can except on buying side of next key resistance 1304 levels :- which we have shown in attached image.

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[B]Our Preference: Sell Below 1284 for the target 1270 levels.
Alternative Scenario: Nill

Technical Commentary:- In Daily Chart :- Gold was reached the key resistance level of 1282
levels , now 4th time gold was testing same resistance 1282 level of horizontal line so today we
can except on sell side from the resistance level and except upto next key support levels :-
which we have shown in attached image.

In 4 Hour Chart and 1 Hour Chart :- Gold was broken the equidistant channel line on lower side
and its reached the key resistance level of horizontal line, so today we can except on sell side
from the resistance level and except upto next key support levels :- which we have shown in
attached image.

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Gold ( Xau/Usd ) : 21/11/2017 Technical Analysis Report

Our Preference: Buy above 1283 for the target of 1298 level
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- XauUsd was trading in the sideways movement and its trading in the triangle pattern and gold was tested the upper trend line, its bounce back on selling side so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.

Last week on gold already break high, but eventually on monday gold movement again to bearish and back to low daily, today market movement on gold figure out pattern bullish and will possible for long term still continue bullish

Today market on gold, we can look on friday market gold on narrow movement and on retracement time, but still possible if now price on strong resistance and become reversal time because if using weekly indeed movement average on range weekly

Gold ( Xau/Usd ) : 30/11/2017 Technical Analysis Report From Centreforex

Our Preference: Sell below 1285 for the target of 1276 and 1269 level
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- XauUsd was failure to break upper trend line of key resistance level and yesterday it was closed on liwer side as bearish candle and gold was trading in the sideways movement and its trading in the triangle pattern and its bounce back from upper trend line, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.

Good setup trading for gold, if look yesterday movement for gold still on bearish trend, now look daily timeframe also still on pressure bearish but if look on hourly seems still weak to reached 1269 might waiting for newyork session, if price not reached support hence will possible reversal again

Gold ( Xau/Usd ) : 07/12/2017 Technical Analysis Report From Centreforex

Our Preference: Sell below 1262 for the target of 1254 and 1248 level
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- XauUsd was failure to break upper trend line of key resistance level and its failure to break the 38 % Fibonacci retracement level and day before day the strong support was broken the lower trend line of the triangle pattern and we got closing below the lower trend line, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.

Gold ( Xau/Usd ) : 19/12/2017 Technical Analysis Report From Centreforex

Our Preference: Sell below 1266 for the target of 1252 and 1238 level
Alternative Scenario: Nill

Technical Commentary: In Daily Chart :- XauUsd was broken the ascending triangle pattern on lower side, now gold was bounces back from key support level 50 % Fibonacci retracement level and the gold was trading near lower trend line of the triangle pattern and its trading near 38% Fibonacci Retracement levels, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.

By Subramanian From Centreforex