Currently Gold is at strong resistance area and we can expect pullback to ZOne 1 (2012.95 - 2008.67) and zone 2 (1978 - 1973.7) . BUY entries can be planned at these zones. On the other hand if price breaks the support zone 2, SELLS can be planned on retest. Like and Comments will be appriciated.
This is a good time to enter on Gold if the Gold crosses the 1665 level then we can enter in sell with tp@1597
second possibility which has the highest prosperity is entering in Gold now in buy with tp@1774 we can monitor the trend at 1750 if we find Gold retracing from 1750 level we can close out otherwise we can wait till 1750
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if we consider gold moving in a parallel channel n we consider the two bounce on the support marked in boxes then the estimated buy would be 1448 and 1450, so that would be the best buy area. again this is just an analysis. im not an expert neither ive much knowledge like you ppl do so please do your analysis before jumping in the trade. stay safe stay healthy n...
