Good Evening Traders,
I am sharing Gold possible moves for the upcoming week.
Gold is moving ATH (All time high),
Levels due to the rising geo-political risk in the Middle East after the alleged reports of Israel's drone airstrike in Iran and still, there is no such possibilites where we can see further cool down the geo-political risk.
Gold levels to understand both possible scenarios.
Gold is bullish in all Time frames. selling gold this time is not a good Idea. we can see only retracements in the way of selling. Gold major and recent support is 2362 - 2352, if any case gold will break this level, only then we can anticipate Sell on retracement of same level till next support 2322.
Or-else we can try to find Buy from every dip.In buy side if any candle close above 2400 then
we can see buy from retracement of 2400 till 2431. 2431 is the hurdle for gold to reach 2468 to 2510 levels
FOLLOW US
I am sharing Gold possible moves for the upcoming week.
Gold is moving ATH (All time high),
Levels due to the rising geo-political risk in the Middle East after the alleged reports of Israel's drone airstrike in Iran and still, there is no such possibilites where we can see further cool down the geo-political risk.
Gold levels to understand both possible scenarios.
Gold is bullish in all Time frames. selling gold this time is not a good Idea. we can see only retracements in the way of selling. Gold major and recent support is 2362 - 2352, if any case gold will break this level, only then we can anticipate Sell on retracement of same level till next support 2322.
Or-else we can try to find Buy from every dip.In buy side if any candle close above 2400 then
we can see buy from retracement of 2400 till 2431. 2431 is the hurdle for gold to reach 2468 to 2510 levels
FOLLOW US
