GOLD is struggling against the US Dollar. But the price got rejected at the strong level of supply/support area. So we expect a rise from this zone.
On the high side, there is a lot of barriers. initially, we have 1795-1800, If the price able to break this barrier than on a retest, we can look for a buy till 1840 is a good target.
Short Term we may see the GOLD show a bearish momentum against the dollar but In the long run, GOLD is bullish.
On the high side, there is a lot of barriers. initially, we have 1795-1800, If the price able to break this barrier than on a retest, we can look for a buy till 1840 is a good target.
Short Term we may see the GOLD show a bearish momentum against the dollar but In the long run, GOLD is bullish.