Positionally, I expect down move as long as 1345/46 resitricts. But now I expect a up move and then a down move.
If Gold supported by 1301, we will see 1315, 1324, 1331, 1336. Buy Gold at CMP, Strict SL 1301.
Reversal from any of these levels, my 1st target is 1292 and other targets are: 1282, 1272, 1265.
Buyers Stop loss 1301 (as per my chart low is 1301.70).
Sellers Stop loss 1346. (as per my chart high is 1345.10).
SL must be calculated as per your chart and it must be above/below of 50 cents/1$.
If Gold supported by 1301, we will see 1315, 1324, 1331, 1336. Buy Gold at CMP, Strict SL 1301.
Reversal from any of these levels, my 1st target is 1292 and other targets are: 1282, 1272, 1265.
Buyers Stop loss 1301 (as per my chart low is 1301.70).
Sellers Stop loss 1346. (as per my chart high is 1345.10).
SL must be calculated as per your chart and it must be above/below of 50 cents/1$.
