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anifunny
Dec 24, 2019 3:37 AM

Time to go long Gold in INR Long

GOLD / INDIAN RUPEE GRAMICE

Description

XAUINRG broken on the upside of the consolidation pattern..
Can it make another attempt to 3600 !!?
Offers a good risk-reward ratio to go long.
Comments
anifunny
3600 easily cleared with a gap-up opening at the start of Indian trading hours.
This was acknowledged by triangle break in Nifty with a gap-down opening and a continued selling throughout the day.
Expecting USDINRG to consolidate near 3600 while XAUUSD prepares for another attempt to its all-time high of 1920
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