Alert- today US CPI m/m, CPI y/y/ & Core CPI m/m have to be published which may create high volatility in the market. So, please be sure while opening any position
Go through the analysis carefully, and do trade accordingly,
-POSSIBILITY-1 If price breaks 1900-1902 area (i.e. Support area ) and stay below 1900 area, we will place Sell order in gold with target of 1890,1882,1872,1858 & stop loss should be placed at 1914.
-POSSIBILITY-2 If price breaks 1916-1918 area(i.e. resistance area) and stay above 1918 area, we will place Buy order in gold with target of 1929,1938,1947,1956 & stop loss should be placed at1906.