GOLD ANALYSIS WAY TO 1810

Gold was strong bullish on 14th of Oct due to fcmo. It just crossed strong resistance and went upto 1800 and now it has came back to 1757 support.

1 Day timeframe it has formed a parallel channel and now according to that it should move above to 1809-15 and then push back down to 1757 and below.

50 MA is going to cross 200MA, it is also a sign of a bullish market so it will go 1800 up.

You can put your sell order there 1809-15 with sl 1832 and TP 1785 – 72 – 57 – 45 – 34 – 17.

Happy Trading.

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