In this daily chart we can see that Gold is trying to breakout this trendline in upper side and in yesterday trading session we have seen good test of this resistance zone .
Also last week COT report data showing short covering and Also MM adding money into longs.So if gold able to close above this resistance zone(1795-1800) then we can expect good bullish journey .
For tomorrow trading session CPI numbers will play big role to decide the path of gold.
Also last week COT report data showing short covering and Also MM adding money into longs.So if gold able to close above this resistance zone(1795-1800) then we can expect good bullish journey .
For tomorrow trading session CPI numbers will play big role to decide the path of gold.