TradingSutra

GOLD- feeling pressure

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TVC:GOLD   黄金差价合约(美元/盎司)
As per the current candlestick pattern & price action, Gold is facing resistance from the upper zone. As long as it trade below the level of 1550 it has the potential to drop upto the level of at least 1250$ . Sell on any rise is suggested near 1550-1600 zone for a downside targets of 1450/1250
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Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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