Technical Commentary: In daily chart, Gold was trading in selling trend with triangle pattern and its tested lower trend line and get bounced from lower trend line with higher closing (Yesterday), we have shown in above image.
In 1 hour chart,Gold was trading at previous support comes now become key resistance level,So we can sell near key resistance level with tight stoploss :- below we have shown in image.Technical Commentary: In daily chart, Gold was trading in selling trend with triangle pattern and its tested lower trend line and get bounced from lower trend line with higher closing (Yesterday), we have shown in above image. In 4 hours chart,Gold was trading in Equidistance channel lines and near lower trend line and now its was trading key resistance hirsontal line @ 1217 so we can sell near Key resistance line with tight Stoploss ( But risky entry don’t do without stoploss ) :- We have shown in image. In 1 hour chart,Gold was trading at previous support comes now become key resistance level,So we can sell near key resistance level with tight stoploss :- below we have shown in image.
In 4 hours chart,Gold was trading in Equidistance channel lines and near lower trend line and now its was trading key resistance hirsontal line @ 1217 so we can sell near Key resistance line with tight Stoploss ( But risky entry don’t do without stoploss ) :- We have shown in image.
In 4 hours chart,Gold was trading in Equidistance channel lines and near lower trend line and now its was trading key resistance hirsontal line @ 1217 so we can sell near Key resistance line with tight Stoploss ( But risky entry don’t do without stoploss ) :- We have shown in image.
We are here to help you