Good Evening Forex Friends
Gold is still stuck in range bound and couldn’t break its resistance or support.Now we have some clear picture either gold will go up or down we can take benefits from it
I am sharing update 4 hour chart with support and resistance level of symmetric triangle.
If gold break the support we will go for sell and if gold break the resistance level we will buy it after breaking the resistance
Support is at 1075-77
Resistance is at 1089-92
These levels may go more close and then break will be rocking either upside or downside.
Recommendation ( Wait for the break ) Possibility the break will be Bullish
Never risk more then 2% of your capital in single trade and always trade with stoploss.
Feel free to comment us if you have concern regarding the charts and analysis, Your feedback is always welcome