Gold is above 50 EMA and recently created hook in MACD (5,15,30)
Gold is forming a Inverse Head and Shoulder Pattern. Once the neckline s broken we can see a surge in gold price. Entry :- 48700 - Buy after neckline breakout ( should happen around 48600-48900 range) SL :- 47200 Target :- T1- 51500 , T2- 53200
Gold as predicted has tested all lower levels. Now preparing to break the highs in coming month.
