[B]Our Preference: Sell Below 1066 for the target 1053 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- yesterday Gold was closed on lower side as bearish candle and closed below the key support level, its given conformation for selling side so we can except on selling side upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Yesterday Gold was broken the lower trend line and its closed below the key support level of horizontal line and its trading in the sideways movement between key resistance level and key support levels and now its was trading near previous broken lower trend line so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.
[/B]
Our Preference: Sell Below 1066 for the target 1053 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- yesterday Gold was closed on lower side as bearish candle and closed below the key support level of horizontal line and now gold was trading near key resistance level and given conformation for selling side so we can except on selling side with tight stoploss above yesterday high and except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart :- Yesterday Gold was broken the key support level of horizontal line and we got closing below key support level and already gold was trading in the equidistant channel line and it was trading in the sideways movement between key resistance level and key support levels and now its was trading near resistance level so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.
and In 1 Hour Chart :- Gold was trading in the equidistant channel line & trading in the triangle pattern, If the lower trend line breaks means we can except on selling side and now its trading near intraday resistance level and trading near intraday upper trend line of triangle pattern so we can sell near resistance level and except upto next key support level :- which we have shown in attached image.
[B]
Our Preference: Sell Below 1066 for the target 1053 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Gold was trading in the equidistant channel lines and yesterday Gold was closed on lower side as bearish candle and closed below the key support level so we can except on selling side and except upto next key support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- :- Gold was trading in the equidistant channel lines and Gold was broken the key support level of horizontal line and we got closing below key support level and yesterday tested the key support 1048 levels so today we can sell near major resistance levels and except upto next key support levels:- which we have shown in attached image.
[/B]
Our Preference: Sell Below 1080 for the target 1058 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Gold was trading in the equidistant channel line and its was trading below the resistance level and its was trading below the upper trend line so this week we can except on selling side with stoploss above last week high :- which we have shown in attached image.
In Daily Chart :- Gold was trading in the sideways movement between key resistance and key support level and its was trading in the triangle pattern and now its was trading above the key resistance level of horizontal line and trading near upper trend line so today we can except on selling side from upper trend line to next support levels :- which we have shown in attached image.
In 4 Hour Chart:- Gold was trading in the equidistant channel line and its was trading above the short term resistance level so we can sell near upper trend line of resistance level and except upto next key support levels :- which we have shown in attached image.
In 1 Hour Chart :- Gold was trading in the sideways movement between key resistance level and key support levels and gold was trading near upper trend line of key resistance level of, so we sell near resistance level and except upto next key support levels:- which we have shown in attached image.
[B]Our Preference: Sell Below 1080 for the target 1058 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Yesterday Gold was tested upper trend line and it was
closed on higher side and it was trading in the sideways movement between key resistance and
key support level now its was trading below the key resistance of upper trend line so today we can
except on selling side from upper trend line to next support levels :- which we have shown in
attached image.
In 4 Hour Chart and In 1 Hour Chart :- Gold was trading with upper trend line and it was trading in
the sideways movement between key resistance and key support level so we can sell near upper
trend line of resistance level and except upto next key support levels :- which we have shown in
attached image.
[/B]
[B]Our Preference: Sell Below 1078 for the target 1068 levels.
Alternative Scenario: Nill
Technical Commentary:- In Daily Chart :- Yesterday Gold was tested upper trend line and it was tested the key resistance level and it was closed on lower side as bearish candle and it was trading in the sideways movement between key resistance and key support level now its was trading below the key resistance level so today we can except on selling side from resistance level and except upto next support levels :- which we have shown in attached image.
In 4 Hour Chart and In 1 Hour Chart :- Gold was tested the upper trend line and we got several closing below the upper trend line so its conforming for the selling side and it was trading in the sideways movement between key resistance and key support level so we can sell near upper trend line of resistance level and except upto next key support levels :- which we have shown in attached image.
[/B]
[B]
Our Preference: Sell Below 1076 for the target 1058 levels.
Alternative Scenario: Nill
Technical Commentary:- In Weekly Chart :- Last week Gold was closed below the resistance level and now previous low acting as major resistance level and its was trading with lower trend line so this week we can except on selling side with stoploss above last 2 weeks high of resistance level of horizontal line :- which we have shown in attached image.
In Daily Chart :- Gold was trading in the sideways movement between key resistance and key support level and last day its was closed below the resistance level of horizontal line and trading with upper trend line so today we can except on selling side 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 trading in the triangle pattern and now its was trading near key resistance level of lower trend line, If lower trend line breaks means we can except on selling side upto next key support levels:- which we have shown in attached image.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
[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.
[/B]
