GOLD | UPCOMING MOVE?

379
GOLD | UPCOMING MOVE

GOLD has made a double top on 2070 area and following candle shows immediate reaction on double top pattern. We see the price drop sharply and top support from 1980 area. The price can remain in pressure and expected to come down to atleast 1880 area which will prove to be the buying opportinity in gold. On longer term gold has given a breakout from cup and handle pattern.

We remain buy on dip in gold as long as it is above the 1880 area.

Trade your levels accordingly.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.