AS PER FIBO EXPANSION SHORT TERM FINAL TARGET OF GOLD IS 1046 IF MANAGE TO HOLD BELOW 1067.70 , A MINOR SUPPORT AT 1059.65 , NEGATIVE DIVERGENCE OVER HOURLY CHART
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
GOLD IS TRADING WITH A PITCHFORK AND CONTINUE FACING RESISTANCE OVER THE LINES . A GOLDEN RATIO SUPPORT IS AT 1174 WORKING AS STRONG SUPPORT . BREAK WITH VOLUME AND HOLD BELOW 1174 CAN DRAG IT 1167--1163.
BULLISH MOVE IS POSSIBLE ONLY IF BREAK N HOLD ABOVE 1185 WITH VOLUME
