GOLD COMEX BIG Picture, we can see long position in gold from its initial support level @ 1215. if manage to sustain above its initial support level 1215 then we expect upside movement in it. For this upside rally the strong resistance level is 1245.So one can enter in the rage of 1215-1220 with the stop loss of 1204 and Target 1245-1264.
Trade closed: stop reached:
price broke the initial support of 1210 and trading below this.....for now the support is 1185. we might seen recovery from this level..