Currently on new HH and just hit retracement, so we broke resistance to form new Support Thus this means the Bias of many people are taking to safe haven of Gold, London session showed a sell impact will have to wait for next seesion esp with USD news and NYC session to see where they stand and where the fiancial institutions will keep pushing or will they drop...
last night we just passed the 2785 per Troy ounce looks like elections will push gold to $3000 by December 2014
Gold broke through resistnace supply to a new HH and is currntly forming a new HL we will have to wait and see if this bullish trend continues to $2800 mark before the 5 November with peoples emotions towards the elections 2024.
Analysis of Gold @Puregoldgiver this is the upward Trend of gold. India discounts at seven-week high as buyers shy away from high prices Sep 6, 202411:34 GMT+2 Key points: Indian dealers widen discounts to $13/ounce Jewellery demand hit, especially in Hong Kong - analyst Japan premiums were at par to $0.5/oz this week Gold discounts in India surged to a seven-week...
The areas for support and resistance for todays Gold menu...
a beatiful break out gonna look for sells and maybe a retest for BUYS
Gold is currently @Spot 2450.8 and is planning to rise @Spot 2490 this is and continue upside the analysis on approach till resistance 2400 Area. So I will be waiting for BUYS from 12:00 tonight - remember hardworking 24/7 pays off.