Gold is at a very critical levels trading at 1562 with so many geopolitical tensions going on Gold is considered safe heavens for the investor. Lets take a look at areas to watch out for Gold.
1615 - Above 1615 we are a mega bull going for all time high around 2000
1575 - Area to watch out for if fails to go above this and goes below 1500 1330-1390 will be on the cards
1600 - Psychological level for so many years.
I personally am not in market I am watching Gold closely from sidelines long term I am bullish but short term I see some downside if fundamentals dont come in play.
Trade responsibly.
Cheers!!
1615 - Above 1615 we are a mega bull going for all time high around 2000
1575 - Area to watch out for if fails to go above this and goes below 1500 1330-1390 will be on the cards
1600 - Psychological level for so many years.
I personally am not in market I am watching Gold closely from sidelines long term I am bullish but short term I see some downside if fundamentals dont come in play.
Trade responsibly.
Cheers!!