1. Expecting price of the XAU/USD to correct from this level mentioned in the chart.
2. Stop Loss and Target have been plotted in the chart itself for the reference.
Bitcoin (BTC) has currently wiped out 50% of the entire market capital over the week and it is still yet to reach the price target of 28k Dollars within upcoming weeks or months. In Day Chart is has formed head and shoulders pattern, which indicates downward movement of the particular currency pair to go down till the mentioned price level i.e. 28k dollars in INR...