Bullish indications:
Based on the nature of double bottom Gold rally , it has achieved 12-20% from the bottom .Current rally only achieved 3.5%, hence expecting 1998 figure soon.
Currently broken the previous resistance of 1857 and can retrace at the same level to hit 1887 followed by 1917 and then 1955.
Based on the nature of double bottom Gold rally , it has achieved 12-20% from the bottom .Current rally only achieved 3.5%, hence expecting 1998 figure soon.
Currently broken the previous resistance of 1857 and can retrace at the same level to hit 1887 followed by 1917 and then 1955.
Trade closed: target reached:
Gold Target reached.