Here in GOLD we've seen such a high impulsive move starting today which based on fundamental analysis. So, right here we've a trend with strong resistance at @1863 approx. As in history we've seen a pullback at this level whereas in the below level there is no pull back & market did correction & came in flow of bullish trend starting from below. So here we're in proper bearish trend as well its on the resistance level of bearish trendline, so i'm expecting a pull back till @1770 approx.....So due to the retracement i've identify how much pull back can be possible...
So the thing we should notice or to focus on is that to check whether it makes any fake pattern to fool us out or did it really break it. Here you may do little patience to confirm the pattern first then enter onto bearish or bullish..
I HOPE THIS HAVE GIVE YOU SOME TIPS ABOUT THE GOLD FUTURES....
So the thing we should notice or to focus on is that to check whether it makes any fake pattern to fool us out or did it really break it. Here you may do little patience to confirm the pattern first then enter onto bearish or bullish..
I HOPE THIS HAVE GIVE YOU SOME TIPS ABOUT THE GOLD FUTURES....