Please see the Above chart To see The Gold Next Moves.
We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path.
Currently We Can see between two strong support and Resistance levels. As we can see at chart 2580 Gold Price level and 2550 Gold Price level.
EMA 5 is indicating the trend of the market. EMA Cross over can range between 2573 to 2575. That indicates if Price breaks this level. Then we will see again bullish wave.
This kind market allow us to buy the dip and cash another next trend move.
Strongest retesting zone exists between the price level 2564,2556 and 2545 price level.
EMA 5 Crossing levels:-
2573 To 2575
Retracement Zone:-
2545 To 2555
Bullish Gold Levels:-
2590 2615
Bearish Gold Levels:-
2564 2556 2545 2530
Stay tune we Will update again when market will give up another good direction move. With Different different time frame we check the market to get the Accurate analysis according market next move. Happy trading.
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