1440-1450 zone proved to be strong support and buy zone for Gold and after reaching this zone for the second time the price reversed strongly.
Now the price is just under the important resistance and we can have small pullbacks from here.
A break of this resistance will coincide with the break of the flag pattern and will be very bulling for the yellow metal signalizing that the correction is over.
Strategy:
Buy dips around 1470
Now the price is just under the important resistance and we can have small pullbacks from here.
A break of this resistance will coincide with the break of the flag pattern and will be very bulling for the yellow metal signalizing that the correction is over.
Strategy:
Buy dips around 1470
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