The recent rebound from the 4,080–4,120 demand zone has driven a strong recovery, reclaiming the 4,190 level.
#GOLD
Current price action is approaching a more critical zone of heavy resistance.
If the market opens higher next Monday, the 4,318 level warrants immediate attention.
In the event of a lower opening, one could wait for a pullback to the 4,120 area before looking to buy.
#GOLD
Current price action is approaching a more critical zone of heavy resistance.
If the market opens higher next Monday, the 4,318 level warrants immediate attention.
In the event of a lower opening, one could wait for a pullback to the 4,120 area before looking to buy.