Gold is in consolidation zone from last some trading sessions.
As you can see in the chart the range is getting narrow day by day.
We have observed lower lower low formation.
Breaking above 1835 will trigger strong buying and we can see 1880 level near future.
As you can see in the chart the range is getting narrow day by day.
We have observed lower lower low formation.
Breaking above 1835 will trigger strong buying and we can see 1880 level near future.
Trade active:
Gold break immediate resistance of 1834 and now trading at 18342.
Next target is 1851.
Next channel resistance is placed at 1860.
Next target is 1851.
Next channel resistance is placed at 1860.
