Good Evening Gold Riders

Gold has break its resistance 1108-11 and made a new high at 1117-80. Our first target after breaking the resistance was 1121-23.Please keep in mind when ever the resistance break , Then resistance become support.So now 1108-11 area will be the support area. If gold hold this level we will have more confidence to remain in the trade towards our first target.If price break this support then our invalidation point for today trade idea will be 1101.So keep an eye on gold and hope for the best.

Wish you all the best and Happy trading.

Gold Trade Udate

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