Gold : Before a Bull run a correction or reversalAfter a good sharp rally profit booking may drag it down to 2570 but if gold closes below 2510 then uptrend will be halted or reversed
Short Gold @2647-2660 with stoploss 2686 tgt1 2570, tgt2 2510
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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