hello guys what do you think about this analysis.
Date: 16 January 2025
Current Position 2703
Currently Gold has Bullish trend has dominated the market moreover market could not break 2700 position and H4 candle and H1 candle closed above it. currently market's target is to reach 2727. If market breaks out this position then its next target will be 2740.
Key Points:
Resistance: 2627, 2740
Supporting Area: 2700,2692
Targets:
Target1: 2727
Stop Loss: 2684
Kindly like comment and support