In the previous week, gold attempted to drop towards the support but could not close below it and ended up forming a reversal pattern.
The reversal is not only confirmed by the double bottom, but also the bullish divergence on indicators.
Look for buys at the current level (1830) with targets at 1868,1890 and 1920.
The reversal is not only confirmed by the double bottom, but also the bullish divergence on indicators.
Look for buys at the current level (1830) with targets at 1868,1890 and 1920.
