Gold This Week Overview till 22nd September
Gold prices are expected to trade in a range of 56,000-58,500 rupees per 10 grams this week, with a downside bias. The US Federal Reserve's commitment to a more aggressive monetary policy stance is likely to weigh on gold prices in the near term. However, gold could find some support from a weaker rupee and rising geopolitical tensions.
If gold reaches between 58600-58500 then we can plan long for +900 points
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.