Go through the analysis carefully, and do trade accordingly,
-POSSIBILITY-1 If price breaks 2000-1996 area (i.e. Support area ) and stay below 1996 area, we will place Sell order in gold with target of 1988,1979,1970,1955 & stop loss should be placed at 2007.
-POSSIBILITY-2 If price breaks 2021-2022 (i.e. resistance area ) and stay above 2022 area, we will place Buy order in gold with target of 2030,2042,2052,2065,2075,2090,2100,2120 & stop loss should be placed at 2032. (Low possibility)
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Not financial advice.
Educational purposes only.
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