AvinashGaikwad
Long

will Gold shine again??

OANDA:XAUUSD   Gold Spot / U.S. Dollar
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2
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Gold took support at broken trend line which implies downtrend is over.( inner trendline )

Outer trendline is still acting as resistance.
lets see which trendline is powerful.

Resistance level 1300

support 1150.
yes exactly. fundamentally I am bearish on gold as markets are bottoming out and it looks more money going to flow in equity than commodity.

I am bearish on gold will sell on resistance level.
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1300 level will be test
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