Gold has broke 1910 level with huge momentum and make its way to the Daily Virgin CPR on the top. Just checked the news and the downside Virgin CPR zones for the next retracement. With this kind of move due to the fundamentals where U.S bank collapsed due to which Gold is moving hard to the upside, Gold will retrace back hard to the downside. The question is when will the retracement start for Gold..!? Let's wait and watch how it plays out. I will update when I enter on a short Trade.
Happy Trading..!! :)
Happy Trading..!! :)