NiftyAnalysis

XAUUSD at major support

OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD CMP 1929.915

Gold is at major support of 1923.825-1922.716

On the breakdown of this level, prices will continue falling till 1905 for the least possibility. Further other levels downside will be 1895 and 1885.

Gold will not be bullish unless it is trading below 1968.660 and once this resistance is breached, it will rally till 1980, 2023 and 2034.



Trade closed: target reached

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