Gold key pivot resistance is 1246 and key support around 1215

3 de dez. de 2018

Gold seems to be forming sequence of bullish pattern.. First it flagged from bottom of 1160 then it showing cup and handle and resistance seems to be around 1246 ... and critical support for recent reverse heads and should is 1215.. which can be used stop loss.. and try to buy near 1224 .to 1226.. on break above 1246.. on daily closing can reach 1260 flag target and cup and handle bullish target 1302.. and reverse heads and should on break above target 1287.. and flag pattern target 1260... if reaches 1215 on daily closing next support 1210 to 1212.. unable to hold may target 1184... if 1180 breaks new low possible...may be 1130...