gold possibly goes 1810.00 then if the level break then it might retrace furthermore resistance level 1840.00- 1850.00.On the other hand, it might be sell a strong sell from 1800.00-1816.00, it probably goes 1700.00 by december. So, we need to wait for right entry and hold it for long term sell.
Price are moving into the rectangle box, between 1880.00 -1930.00.& we clearly see that, It's has strong resistance at 1914.00 & which is quite difficult to break but if it breaks 1914.00 then we will go for long at 1930.00 however, If GOLD break downside 1880.00 support then we will possibly go for short at 1850.00. So, that's our weekly plan for GOLD.
GOLD possibly goes 1950.00 by this week. It's a clear scenario that, if we look into its daily and weekly candlestick patterns then we can find out a strong bullish movement. In the past week, It was trying to break 1920.00 - 1925.00 area so we will wait and see rather it breaks the level or not. we will enter our position when we see a retrace between 1920.00 to...