Further Advance
Our Pivot: 1883
Our Preference: Start buying Gold above 1887 with strict stop loss of 1883 and profit target at 1898 and 1902 with extension towards 1905.
Alternate Scenario: Downward penetration of 1883 will call for 1880 and 1877.
NOTE: Gold is about to complete 61.8% correction of its last bullish rally and its being supported by a strong horizontal supportive region along with rising trend line.
Hourly chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.