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Gold: The battle continues at 1868.95

Hope you all enjoy,yesterday fight of bull and bear at 1868.95.There is no material change in this market,when sentiment turn bullish.I have no doubt in intermediate and long run,but short term retracement is due.

For intraday view have an eye on 1868.48 as resistance and support are 1861.05/1853.63.

At 1853.63 if bear have power they easily drag price to 1846.23,which would be the ideal Target for today,but 1830.13 can’t be ruled out,its all about bearsh/bullish power at all magnetic levels.

In another case,if bulls are able to overcome 1868.48 barrier then 1876.4/1884.54 is easily achievable goel.

Enjoy Trading.


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