sumiitchoudhary

GOLD : A SHORT TERM SET UP

FX:XAUUSD   Gold Spot / U.S. Dollar
54 0 1
GOLD             BULLISH BREAKOUT ABOVE TILL NOW TRADING AT BULLISH ZONE , ON THE HIGHER LEVEL RESISTED AT 1178.60 -1180.60 ZONE AND A NEGATIVE DIVERGENCE FORMED OVER THERE , PROFIT BOOKING LIKELY TO DRAG IT TILL 1168.50--1163.50 , ALL OSCILLATORS ARE TIRED ON HIGHER SIDE . FOR ANY BEARISH BREAK DOWN NEED TO SUSTAIN BELOW 1174.50 ALONG WITH INDICATION ON OSCILLATORS
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