As we can see the gold has been ranging in between trend lines on daily time frame. As the price has buttomed at 1675-77 area and have continued the upward trend. First few hours on asian session will show the clear pathway where market is heading for rest of the week, but, I expect the price to break that 1740 area and reach 1760s area and bounce back from the trend line and deep further more into 1640s. However breaking of the trend line on 1760s might push gold up.
But I believe gold will deep one more time before making a bullish run. Look for the sell from 1760s area.
Happy Days !!!
But I believe gold will deep one more time before making a bullish run. Look for the sell from 1760s area.
Happy Days !!!