Gold chart Analysis.
Updated
Gold is showing positive divergence on chart. so, it may bounce from here up to 1717-1727 level.
It is also trading in downward parallel channel so correction also come from 1717-27 up to 1621,1560
It is also trading in downward parallel channel so correction also come from 1717-27 up to 1621,1560
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Gold Short call is active now.Note
Gold crash as suggested levels correct 500-800 points
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Gold almost down 1500 point from our shorted level 52000 to 50500. Bumper profit .
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Target -1 almost done 1621 2000 points gain .
Short at TOP
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Gold successfully done target-1. Now it reverse from our level 1620. It seems good momentum, so it may test 1705 soon on upper side.can long near 1660-73 with stop loss 1630.
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