We have already achieved two bullish rallies from 27775 to 28730.
Rally achieved on 9th July trade CLICK HERE
Rally acheived on 2oth July trade CLICK HERE
Still Gold seems to be extremely bullish.
As it closed above the key location on 26th July showing that bulls are clearly in control.
We can again go long in Gold. We have to watch for buying signals on 1H , 4H time frames. Above 28300 support we are strong bullish in gold.
We can prefer buying entry in September Expiry Gold. We can buy any dips this week above 28300 support,
We can expect the target of 29500 in coming weeks which is a key resistance area. Trade according to your own risk.
Mind well, money management is the key of success in trading.
PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only & not any form of advice or recommendations or opinion to anyone