INDICES

Wednesday 20 February 2019

Gold Update

Gold 

#GoldComex #GoldUpdate #Goldprice #GoldCall
All the levels & study is mentioned below is based upon Candlestick Pattern & our own study.

Gold (Comex)

Gold is making Bullish Candle from last so many days. Converting all the resistance to support levels.  All bears are dead now or in ICU & waiting for a heart attack. All bulls are booking more & more bucks day-by-day.  But what now? Everyone is confused that will Gold move down or up from now?

I think that as per my study & Tools which I follow, next & most important hurdle for gold to cross & hold above it is at $1370. If will closes above this rate at end of the upcoming weeks. Then it will be act as Terrorist Attack for bears.  Bulls can book there profit there & close there Long. Bears can create the fresh short over the range of $1365-$1385 then wait for at least $100-$150 profit as from there downward support will be $1275 & then $1242.

Thank You
Utsav Babbar


No comments:

Post a Comment