Friday, 10 January 2020

Gold Long Term Analysis 10-Jan-2020

CMP: 1547; Res: 1557/1563; sup: 1540
Break of 1544/1540, we can see more fall towards 1528 before reversal.





Long Term Primary Scenario: Bull
Sup: 1446
As long as 1487/1446 holds support, we will see 1610 again and furhter 1632-54-90-1702...


Alternate Scenario: Bear
Long Term Support Zone: 1033-680
If this up move is corrective rally, we can see fall again to 1032 before big reversal above 1900.

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