Go through the analysis carefully, and do trade accordingly,
-POSSIBILITY-1 If price breaks 1945-1949 area (i.e. Support area ) and stay below 1949 area, we will place Sell order in gold with target of 1933,1922,1912,1900,1890 & stop loss should be placed at 1955.
-POSSIBILITY-2 If price breaks 1959-1962 (i.e. resistance area ) and stay above 1962 area, we will place Buy order in gold with target of 1970,1980,1985,2000,2008 & stop loss should be placed at 1950. (Low possibility)
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Not financial advice.
Educational purposes only.
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