After reassessing my last trade and going through the latest updates i think that gold prices might increase. The fundamental reasons are obvious like the geopolitical tension and economical warfare between the world's greatest economies.
3385 has been a turning point as market after dropping from this area entered in a range between 3270 and 3370. now market has crossed that area and has already touched the high 3440. after dropping from this area market has returned to the same point but no h4 closing is given below this area.
Technical Analysis: Supporting Area 3350, 3328, 3300
resistance: 3400, 3440, 3500
3385 has been a turning point as market after dropping from this area entered in a range between 3270 and 3370. now market has crossed that area and has already touched the high 3440. after dropping from this area market has returned to the same point but no h4 closing is given below this area.
Technical Analysis: Supporting Area 3350, 3328, 3300
resistance: 3400, 3440, 3500
Trade active
first target 3415 was reached and now market is back to 3320 testing the supporting area 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.