Devjitrader

Gold Is at buying area with very good upside possibility.

Long
Gold is trading at 1923 which its multiple time support zone , last few days back gold bounce back from these levels, so this is very good opportunity in gold for going long for very good returns.
The target of gold may be around 1850 to 1860 in few days. The technical analysis is showing gold trading at very discounted price and coming big events like fed rate change and other global instability will also work as fuel for gold price.
Dollar is trading near all time high which is not going to stay there for long time so this will definitely help gold to rise upto the new high in coming weeks.
The global sentiment are still not good and stable so people are going for more safer investment types of assets and gold is number 1 in this area,
SO have a look on gold ...
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