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vanathi
Nov 8, 2023 6:15 AM

Gold 

Gold / U.S. DollarFOREX.com

Description

Price has fallen from 2000 zone to 1956. It gave a very good trending move.

Now, what next?


Resistance is seen at 1968 - 1972. Support at 1954 - 1956.

To be bullish, price have to sustain above the resistance. And to be bearish, price have to break the recent low it has made.

Till price gains strength and decides the direction, it is expected to move within the range 1956 to 1972.

Do your own analysis.

Comment

Towards 1956 zone.

Comment

At support. If it is broken, then 1942 zone.
Comments
Parasuram
you said something else in ur previous post... 1970 levels u asked people to buy..but i think 1955 levels are good to enter
vanathi
@Parasuram, 1970 if price take support as per my previous analysis. Since it was broken, now support became resistance.
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