Go through the analysis carefully, and do trade accordingly,
-POSSIBILITY-1 If price breaks 1955-1950 area (i.e. Support area ) and stay below 1950 area, we will place Sell order in gold with target of 1945,1930,1922,1912,1900,1890 & stop loss should be placed at 1962.
-POSSIBILITY-2 If price breaks 1968-1971 (i.e. resistance area ) and stay above 1971 area, we will place Buy order in gold with target of 1980,1985,2000,2008, 2021, 2030,2042 & stop loss should be placed at 1960. (Low possibility)
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Not financial advice.
Educational purposes only.
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