Gold Analysis: 1830/1835 Target Area is still valid
Diupdate
1830/1835 upside target area is still valid as long as gold price holding above the 1775 price zone. The gold price went to correction from a weekly high of 1823, after the market opening.
From the present rate, 1807 is the immediate support, especially we entered for buy from 1807 price zone. and 1795 may act as strong support. we may go for another buy from 1795 again. stop-loss should be below the 1775 price zone.
as long as the ADP report is not published our profit target area is the 1830/1835 price zone. actually, we will close our trade at the 1830 price zone and will hold for the next clues.
From the present rate, 1807 is the immediate support, especially we entered for buy from 1807 price zone. and 1795 may act as strong support. we may go for another buy from 1795 again. stop-loss should be below the 1775 price zone.
as long as the ADP report is not published our profit target area is the 1830/1835 price zone. actually, we will close our trade at the 1830 price zone and will hold for the next clues.
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