Gold Trading around 1164 level where We can See
a turning point from current level or from 1154 level
as if hold above monthly support 1143 we can see
toward 1196-1210 where Still we have Strong
resistance monthly pivot point that is 1225.
And Rsi on Daily chart also Seems over sold
condition
So advice take small risk buy cmp 1164.5
and pending order around 1154 sl 1142
TP1 1196 TP2 1210
Breakage of 1143 may call for 1080-1100
a turning point from current level or from 1154 level
as if hold above monthly support 1143 we can see
toward 1196-1210 where Still we have Strong
resistance monthly pivot point that is 1225.
And Rsi on Daily chart also Seems over sold
condition
So advice take small risk buy cmp 1164.5
and pending order around 1154 sl 1142
TP1 1196 TP2 1210
Breakage of 1143 may call for 1080-1100
Comment:
Gold 90 pips Green move sl at cost
Trade closed manually:
gold 130 pips Green close