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Gold Update: 1815.21 or 1742.08 In This Week?

Gold is facing Resistance at 1786; 4H close above this will open the door for 1815.21 once again.

So, that’s bullish case, for very short term prospects, probable range could be between1786-1771.86, we are at upper range, this might be short trade opportunity with stop 4H close above 1786.

Break below 1768.49 will open the door for 1742.08/1736 .

No material change in this market, but weekly close above 1781 causes some bullishness. Watch price action at 1771.86.

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