we are very close to start an impulsive down leg once we break the red rising where gold futures have been resting. once swing low@1319 gets broken & we remain under that red rising or below 1340$ (Invalidation Level) we will be looking for down move till 1250$--from where gold started its brexit day...so "go back to brexit".
Trigger Point--1319$...Resistance Level-1340$
Current month contract has been taken for analysis.
Regards, Abhishek H. Singh,CMT
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ