Gold Spot /Oz movement during the last few days showed a Bullish move, with a recent high price seen on Fri 04.Jan.2019 at 1,298.62.
During the next few days the price is expected to see a downward correction to 1,275.00
But as of now, as long as the price is trading above 1,275.00, its recommended to ' BE LONG ' for a targeted price of around 1,315.0 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,255.00
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