BullsEyeResearch

GOLD, Should you be buying ?

Long
profit booking on GOLD which started on 7th of August is continuing. Weeker global cues in metal sector and a pinch of taking money of table is what we have witnessed in last 15 odd trading sessions. RSI is looking little week but nothing to worry.

Basis FIB retracement the support levels are perfectly aligned to 0.38 Levels and resistance is at 0.23 levels. In the short term please expect a few more days of sideways action before the precious metal starts moving up again.

Hey days are back for yellow metal.


No recomendation. Purely for Educational purpose.

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