Needs to close abv 2050
BTFD till yellow zone holds.
Breakout on either side awaited. Bias Long TSL 2800
An EOD close above 07/09 high in coming sessions can confirm a move back to 200+
Price & Volatility contracting
Are there any bulls left ?
We may see a rapid fall if we sustain blw the MA.
A retest of 140 odd on cards once we break the yellow line. The Redline is the resistance for the rest of the year. Weekly Strength candle abv the Redline necessary for any change of previous highs.
A break in gold prices blw 48000/- should be enough to take this one to cleaners !!
Looks good till we hold 950 !!
Should perform extremely well in the coming days !! Support Line marked.