The gold price expected to make a test and bounce up from $ 2,345 - $ 2,340 Zone.
The Gold price reached the resistance 2400 Our analysis: Long positions after a retest to R1 & R2 respectively. Important levels: 2400 & 2410
Fundamentally, gold has a good potential on the back of the falling dollar index.
Made this analysis for our clients who has long term position. Price seems hard to bounce because of the Highly expected CPI data later this day.
