Buy Gold at CMP 46000 sl 45777 tgt 46444 46555 46666 46777 46999The current trend in XAU/USD seems positive after bouncing off its long-term area of support (1752 – 1763) but gold is likely to struggle to find bullish momentum whilst below 1790 utill it cross and stay their.
A break above this area would place buyers in a good position to try and tackle 1800, at which point resistance is likely to be met on the way up to the 61.8% Fibonacci at 1834.
