ars2000

ars2000

The rejection is evident at the trend line. Gold can test 1615, and a break can further get the prices down

ars2000

Gold hit the resistance of the consolidation phase and will test 1772-67 next week.

ars2000

As the current uptrend is getting exhausted at the resistance levels, we can get correction to 0.236 levels next week

ars2000

The Previous resistance area would attract sellers. If manage to hold above the trend line, a break out of 1750-1770 to target of 1800+ levels is possible.

ars2000

Prices may take time between 1735-1765. Quick dips can be used to add long positions. The MurrayMath fib levels corresponds to 1809 levels after breaking 1750.

ars2000

Expect the price to retrace to 0.618 fib levels