Gold Analysis - Support and Resistance zones - Trading strategy
Gold is hanging around this channel since 16 august,
best strategy to play gold is support and resistance zones,
if support if 2470 gets broken,
then we can see a new low of 2420~2400,
if it breaks the resistance zone, then we can see a new high
of Gold till 2550~2600+
(This analysis is not a financial advice,
its my point of view as per this chart,
manage your risk / reward accordingly)
best strategy to play gold is support and resistance zones,
if support if 2470 gets broken,
then we can see a new low of 2420~2400,
if it breaks the resistance zone, then we can see a new high
of Gold till 2550~2600+
(This analysis is not a financial advice,
its my point of view as per this chart,
manage your risk / reward accordingly)
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