Gold's rally reached pit stop at 0.38 retracement level or 1786 where profit taking witnessed and had been lacking to attract buyers while beers remained in control.
Currently gold is approaching the buying zone around 1728 and 1735 levels, where short covering can been seen if not aggressive buying.
My target from the buying levels is around 1745 and 1749 from there again selling can be seen.
Currently gold is approaching the buying zone around 1728 and 1735 levels, where short covering can been seen if not aggressive buying.
My target from the buying levels is around 1745 and 1749 from there again selling can be seen.
Selling obseved from the exact levels.