29th December Gold Outlook: Break out from $1802-$1815 Range
Gold Needs to Break Out of the minor Range $1802-$1815 in order to make next move.
Sustained move Below $1802 will increase chances of further drop to $1796 - $1784 which is acceleration point for extended downside towards $1773
Consolidation above $1802 may help Gold retest $1815 and if Gold finds strong buyers above this level, up move can extend to $1824 and $1833
Sustained move Below $1802 will increase chances of further drop to $1796 - $1784 which is acceleration point for extended downside towards $1773
Consolidation above $1802 may help Gold retest $1815 and if Gold finds strong buyers above this level, up move can extend to $1824 and $1833