Bullish alternates on gold

Gold had broken out from a triangular pattern and tumbled sharply. It achieved the equality target on the downside and the price started moving higher. The yellow metal formed a channelised three-wave rise and has done a minor-degree correction. It has retraced 50% of the rise, which is acting as a key support. The yellow metal can take form of a triangular pattern before moving higher. The bullish potential remains intact as long as the level of $1,272 holds on a closing basis. On the upside, it can test the high of $1,433.


Shubhlaxmi Commodity is a Free portal where you are provided all market such as Commodity stocks futures and Currency Like USD To INR and internatinol live market prices and live charts and Free support and resistance level

Post A Comment: