Technical analysis for Gold and my prediction is at 1188 zone around February end.
Here the weekly chart shows that the Gold is struggling once it broke below the support zone of 1175 and once it break below that, it again took a resistance at that level again. So, Breaking that 1175 zone looks a little difficult considering the situation
But on a daily chart, it took support at 1050 zone and there was a double bottom. It also shows that there is a Cup and Saucer formation happening in the cha…
Here the weekly chart shows that the Gold is struggling once it broke below the support zone of 1175 and once it break below that, it again took a resistance at that level again. So, Breaking that 1175 zone looks a little difficult considering the situation
But on a daily chart, it took support at 1050 zone and there was a double bottom. It also shows that there is a Cup and Saucer formation happening in the cha…