Increasing Inflation and Interest rates all around the globe is giving a green signal to gold to bump towards 1960-65 to mitigate the residual Orders left at that zone. Furthermore, the liquidity has been created on the upside.
To talk about the trend here, we can assume it as a ranged.
Supports:
S1 1920
S2 1917
S3 1913
S4 1909
S5 1909
Resistance:
R1 1924
R2 1929
R3 1940
R4 1945
R5 1955
These zones can be used by the traders.
To talk about the trend here, we can assume it as a ranged.
Supports:
S1 1920
S2 1917
S3 1913
S4 1909
S5 1909
Resistance:
R1 1924
R2 1929
R3 1940
R4 1945
R5 1955
These zones can be used by the traders.