The immediate support is now seen at the previous week’s low of $1,914, below which flloor would reopen toward the $1,910 round figure. The next relevant demand are is seen at the $1,900 mark.
On the flip side, a sustained break above the 21 and 200 DMA confluence of $1,926 is needed to take on the 50 DMA at $1,929 on again. Gold buyers will then target the downward-sloping 100 DMA at $1,941 if the abovementioned upside barriers are reclaimed decisively.
Gold now buy 1911
Buy limit 1908
Target 1915
Target 1919
Target 1950
SL 1900