Gold has broken the down trend channel in and trading above upper edge of the channel. There are on important events to give energy to Gold and it US bank Holiday Today as well so there may be low volatility today and we can see the movement in the range between 2015 to 2033
CURRENTLY GOLD IS MOVING ON UP TREND.
Expecting correction up to 2015.30
Today’s important levels for trading are 2000.29, 2007.68, 2020.34 and 2027.73
Trading idea for today: Buy on Dip
Trade setup:
Looking pullback Buy around@2015.50 Deeper Buy around@ 2009.50
Safe swing sell below 2003.50
Safe swing buy above 2023.50
Important Event : No events Today (US Bank Holiday)