Gold made a higher high yesterday and is testing the 1828 price now.
If it can cross 1829 and pass the test then we may expect gold to see new high at 1833.
Today also there is no important news about USD. DXY is bullish. So we can hope gold may retest its previous support at 1820 and 1815 after reaching 1833. Otherwise we may not have enough support for bears today and price may continue ranging between 1824 and 1828.
Remember trend is bullish and volumes are low. So trade only with SL.
These are my trades
Sell 1833 SL 1836 TP 1824
Buy 1815 to 1820 SL 1806 TP 1828
Buy 1836 SL 1826 TP 1844
If it can cross 1829 and pass the test then we may expect gold to see new high at 1833.
Today also there is no important news about USD. DXY is bullish. So we can hope gold may retest its previous support at 1820 and 1815 after reaching 1833. Otherwise we may not have enough support for bears today and price may continue ranging between 1824 and 1828.
Remember trend is bullish and volumes are low. So trade only with SL.
These are my trades
Sell 1833 SL 1836 TP 1824
Buy 1815 to 1820 SL 1806 TP 1828
Buy 1836 SL 1826 TP 1844