In this daily chart we can see that Gold is trying to breakout this trendline in upper side and in yesterday trading session we have seen good test of this resistance zone .
Also last week COT report data showing short covering and Also MM adding money into longs.So if gold able to close above this resistance zone(1795-1800) then we can expect good bullish journey .
For tomorrow trading session CPI numbers will play big role to decide the path of gold.
Also last week COT report data showing short covering and Also MM adding money into longs.So if gold able to close above this resistance zone(1795-1800) then we can expect good bullish journey .
For tomorrow trading session CPI numbers will play big role to decide the path of gold.
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✅For Live Update on Gold Price and trade opportunities ; Join Free community
t.me/livepriceactiontrading
t.me/livepriceactiontrading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.