gold rebounded from uptrend line breaking through SMA 100
price at the end of bearish correction wave 4 from elliot waves ,start its bullish impulse wave 5
MACD shows start of bullish momentum
RSI above 50
so its expect further buying to supply zone around 1600
price at the end of bearish correction wave 4 from elliot waves ,start its bullish impulse wave 5
MACD shows start of bullish momentum
RSI above 50
so its expect further buying to supply zone around 1600