Gold | MCX | 23rd Feb Update

When the market opens, watch for the following moves on a 1-hour timeframe:

📌 Bull above: 61893
📌 Bear below: 61828

📌 Gold is indicating a rejection of the supply zone, with a bullish sentiment above 62200 and bearish below 61800.
📌 Will update chart once market is open.

Comment:

So far +160 points achieved, the market is heading towards the 61893 level and has been moving upward since then.
Let's wait for 62258 level

Trade closed: target reached:

364 points done