Gold Approaches 50% Retracement Level.

We have Just done a Long term Analysis.
We feel Gold will be hitting 588/592 Level.
And then Bullish Trend will start.
We have Looked at all Studies, And right now Bearish Sentimence Approaches.
We will wait how NY Market reacts today.

Gold right now looks Approaching 50% Retracement level at 609.92 level.
Which if Passed, would go towards 588/592 level where Strong Support lies and that level, we feel a Pump Up

Overall Heavy Resistance level is 640/646 range

We will Advice Further.

MAIN KEY : AWAIT TO SEE NY MARKET REACTION




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