Gold is approaching a major dual support zone of 49702 and 49245. If these 2 supports are broken we can see a correction in Gold. In case of breaking the supports Gold can go to 48276 or 47362 levels. On the upper side 50352 and 50895 will be major resistances. Everything depends on Pivotal support of 49702. Gold looking really weak here.
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.