If gold closes above 1858 then it can go high upto 1882 by following the value zone 1
If gold closes below 1848 then it can fall further upto 1790 following value zone 2
So for now I suggest to wait for breakout from the small triangle formed from intersection of both the value zones with confirmation candle in 4 hrs.
Here are my ideas
BUY STOP 1864 SL 1858 TP 1880
SELL STOP 1848 SL 1858 TP 1828
If gold closes below 1848 then it can fall further upto 1790 following value zone 2
So for now I suggest to wait for breakout from the small triangle formed from intersection of both the value zones with confirmation candle in 4 hrs.
Here are my ideas
BUY STOP 1864 SL 1858 TP 1880
SELL STOP 1848 SL 1858 TP 1828