buy gold @ CMP of 1750 with sl of 1742 trgt 1777 1785 1788 1795
The current trend in XAU/USD seems positive after bouncing off its long-term area of support (1752 – 1763) but gold is likely to struggle to find bullish momentum until it cross 1790 and stay there.
A break above this area would place buyers in a good position to try and tackle 1,800, at which point resistance is likely to be met on the way up to the 61.8% Fibonacci at 1834.
A break above this area would place buyers in a good position to try and tackle 1,800, at which point resistance is likely to be met on the way up to the 61.8% Fibonacci at 1834.
Trade closed: target reached:
TRG REACHED
BOOK PROFIT
STILL U CAN CARRY TRADE WITH SL OF 1768
BOOK PROFIT
STILL U CAN CARRY TRADE WITH SL OF 1768
else we need to close the trade