Gold made a new low yesterday and is testing the upper boundary of value zone at 1818. If Gold is able to close above this level in 4 hour chart then we can see some bulls. Otherwise we can expect trend reversal when Gold makes low near 1792. There is a strong support at this.
To reverse the trend to bullish gold has to make a higher high above 1825. The next strong resistance is near 1854.
BUY 1796 TP 1834
BUY 1806 TP 1824
BUY 1816 SL 1808 TP 1824
To reverse the trend to bullish gold has to make a higher high above 1825. The next strong resistance is near 1854.
BUY 1796 TP 1834
BUY 1806 TP 1824
BUY 1816 SL 1808 TP 1824