Gold standing on strong resistance
Updated
I will go long when gold will close above 1273 on daily chart
Comment
Gold is expected to test support at $1,263; where a fall below will resume the downtrend. However, a break above $1,274 (yesterday’s high) will continue the uptrend with $1,280 and $1,292.Comment
Gold is currently trading bellow 200-MA and gold facing resistance at the 200-MA, where a break above will extend the gain towards $1,280, followed by $1,292.I am still waiting
Comment
Gold is currently trading between the 14-MA and the 200-MA. A break above or below is required to for future direction.Comment
I missed this trade because of tight schedule.
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