GOLD:TRADING IN BULLISH TREND STRUCTURE
GOLD: TRADING IN BULLISH TREND MARKET STRUCTURE.
After a secondary trend market is now again indicating entry of fresh buyers with bullish engulfing candle.
Which may push the market to the resistance levels of 2050$ and further.
One may enter into the long side after this confirmation with bullish engulfing candlestick.
Major resistance will be there at the level of 2050$ to 2070$.
Support level of 1800 will work as a key support level to the market on bullish side.
Market is expected to remain bullish for few upcoming sessions.
After a secondary trend market is now again indicating entry of fresh buyers with bullish engulfing candle.
Which may push the market to the resistance levels of 2050$ and further.
One may enter into the long side after this confirmation with bullish engulfing candlestick.
Major resistance will be there at the level of 2050$ to 2070$.
Support level of 1800 will work as a key support level to the market on bullish side.
Market is expected to remain bullish for few upcoming sessions.