Market participants might also prefer to wait on the sidelines ahead of China inflation data and the G20 leaders summit over the weekend. Hence, some follow-through buying is needed to confirm that the recent pullback from a one-month peak, around the $1,953 area touched last Friday, has run its course. Bears, on the other hand, might still wait for a sustained break and acceptance below the 200-day Simple Moving Average (SMA) before placing fresh bets around the Gold price.
Gold buy now 1923
Buy limit 1916
Target 1939
Sl 1910
Gold buy now 1923
Buy limit 1916
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Sl 1910
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