Gold is making upward trend after breaking 1740 and fly to previous higher high at 1915, and currently going to retest support zone at 1750-1740. After making correction, it is predicted to climb above 1915 and making minor retracement at 1915-1920. As for now, we discuss only what gold has showing us in price action.
It will safe to trade short with small lot...
Gold is likely to kill most of the aggressive traders in last few days, leaving with confusion on its next path. With the current bearish trend in daily chart, it is public secret when gold is likely to drop more to the bottom of H&S around 1740-1720, as strong demand zone.
It will take around one and half week, mostly likely with the announcement of monthly...