Gold near to ATH
After gap down opening Gold price again trading near to ATH and price now sustaining on PWH on H1.
For sell we have to wait for rejection on ATH area (2755-59: for scalping only right now with tight SL on Intraday No confirmation, No sell) and for next move in higher side price need to breakout and need to sustain above this area and then we can look for buy in higher side towards weekly R1 and then R2.
For a safe sell I think better wait for price to close below 2738 (As wee have High volume support at 2738-40,H1 or H4) and in Higher side there is no major confirmation right now.
For sell we have to wait for rejection on ATH area (2755-59: for scalping only right now with tight SL on Intraday No confirmation, No sell) and for next move in higher side price need to breakout and need to sustain above this area and then we can look for buy in higher side towards weekly R1 and then R2.
For a safe sell I think better wait for price to close below 2738 (As wee have High volume support at 2738-40,H1 or H4) and in Higher side there is no major confirmation right now.
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