Asad1998
The market is still in bullish. It needs to trigger into bullish. Buying at 1743 might be better place and target 1767 and more.
Can this happen? Look for buying. The market is still in bluish. Potential buying is at 1727-32.
Buying gold looks limited because of US data ahead. Bullish could extend beyond 1685 if it breaks 1675. Today's data seems interesting and neutral which drop dollar and move gold up but buying seems limited because of fears ahead. Watch the breakouts and others indicators to determine your trade. Enjoy your weekends.
Gold is trying to form triple bottom pattern. It looks like it already formed. But we'll need confirmation after US releases the data. Negative will extend bullish for Gold to recover to test 1684. Any chance from there could much stronger for gold. Positive for US won't be much effect to drop gold below 1616. Follow and comment for more.