bullish indication though not a strong one as the price retreat from the daily high.72. Further lower below 1,300, gold might test the bottom of the channel. By, harry, april 1, 2019, 12:00 am Posted. Traders will wait for today closing price to determine where crude oil will move next.
Our gold forecast signals are good for both forex gold spot market traders and as well as for the long term gold investors in commodities market. If gold will continue its bearish pressure then we could expect it will test 1,280 in coming days or weeks. Today Critical levels to watch: Support:.00,.40, resistance:.20,.60,.00, crude oil pushed below.80.
However, the price shoots up in today trading session after China announces an abrupt decline.7 in export. However, there is bearish pressure which pushed the price below.80. Learn how to purchase gold at the higher price in uptrend market and avoid losing money due to the wrong entry point. The bearish trend has not confirmed yet and there is probability silver could stage a rally from the current level. If a weekly close below.00 happens then it is better to bail out of long positions. Currently, the price headed higher and looks will test.20 soon. DailyForex analysts monitor the gold market regularly to bring you gold price predictions and gold market forecasts that can help you find the best positions in the gold market. There was a close below the level in the previous day. Today Critical levels to watch: Support:.00,.40, resistance:.20,.60,.00, crude oil close above.00. Watch as gold prices fluctuate based on technical analysis, global political developments and comprehensive market research in the gold market forecasts below. By, harry, march 8, 2019, 12:46 pm Posted. Silver prices situation is similar to gold after the price holding out at support.00.
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