Hello Traders this is our analysis for the Yellow metal, As we have always predicted that Gold is on a Bull ran, we stick to our plan of buying from dip. Gold after breaking the Resistance at 1983 has pullback to the Fib around the 0.50 and the 0.618 and could even go further to the 0.786 to mitigate the gap in the 4HR timeframe before the up move.
Our plan to buy remains key, as we look forward to take chances of the selling opportunities.
Bullish Target; 1983.5 DONE, 1993, 2022.3, 2047.04.
Bearish Target; 1965.9 DONE, 1957.6 , 1939.6 1929.5
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