Hello ..
After Fed's dovish stance and GOLD breaking above descending channel in daily , we are bullish on Gold short term and expecting movement towards 1350 area ,
Anyhow we would like to see retracement in order to buy at better price for good RR , we think price should retest ascending trendline for support and 1310 cud be good place to buy with stop loss below Trendline ..
Please follow us for more idea & updates,
After Fed's dovish stance and GOLD breaking above descending channel in daily , we are bullish on Gold short term and expecting movement towards 1350 area ,
Anyhow we would like to see retracement in order to buy at better price for good RR , we think price should retest ascending trendline for support and 1310 cud be good place to buy with stop loss below Trendline ..
Please follow us for more idea & updates,