GOLD Previous Rejection Line Taking Support
Updated
As per my last week idea, there was a strong rejection zone formed on the upside. In the last trading sesssion we saw GOLD break the drawn Rejection line with a small breakout above into our accumulation zone.
Currently, GOLD has taken support along the previous rejection line.
Currently, GOLD has taken support along the previous rejection line.
Comment
Heavy sell off seen in GOLD because of the overall negative sentiment in the Global markets. GOLD Prices have taken support near the bottom accumulation line.
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