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Gold Technical Analysis April 24, 2019

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Gold Technical Analysis April 24, 2019

Gold Technical Analysis: The Gold declined 0.24% against the USD on Tuesday and closed at 1272.00 Today in the European session while Gold technical analysis April 24, 2019 is preparing at 9:45 GMT, the XAU/USD trading at 1273.00, which is 0.07% higher from Yesterday’s close.

The Gold is expected to find support at 1267.00, and a fall through could take it to the next support level of 1261.00. The pair is expected to find its first resistance at 1271.00, and a rise through could take it to the next resistance level of 1282.00. For today the expected trading range is betwee 1267.00, Support and 1282.00 Resistance.

The expected trend for today is Bearish

Supports Levels: Support 1: 1267.00 Support 2: 1261:00 Support 3: 1256:00
Resistance Levels: Resistance 1: 1277.00 Resistance 2: 1282.00 Resistance 3: 1287.00

Gold Buying Opportunity for Intraday Trading April 24, 2019

Buy near the support area 1267.00 and 1261.00 as soon as you get reversal candlesticks patterns using stop loss 4 pips below the reversal candlestick & keep target equal to stop loss.

Gold Selling Opportunity for Intraday Trading April 24, 2019

Sell near the resistance area 1277.00 and 1282.00 as soon as you get reversal candlesticks patterns using stop loss 4 pips above the reversal candlestick & keep target equal to stop loss.

Crude Oil Technical Analysis April 24, 2019

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