CURRENT PRICE: 2296.5
2278 to 2288 is the bullish zone for gold as mentioned in the chart, plus 200 SMA is also providing support at 2293. Price is bouncing from this level and is currently trading at 2296.
Till the price is above this support zone BUY is recommended to target 2304.5 and 2323.6.
Whereas breach and stability below this support zone will result in slide in prices towards 2249 to 2259 green zone mentioned in chart.
2278 to 2288 is the bullish zone for gold as mentioned in the chart, plus 200 SMA is also providing support at 2293. Price is bouncing from this level and is currently trading at 2296.
Till the price is above this support zone BUY is recommended to target 2304.5 and 2323.6.
Whereas breach and stability below this support zone will result in slide in prices towards 2249 to 2259 green zone mentioned in chart.