Gold's climb back above 1200 took a breather during Monday's trading
The higher lows of the H4 charts sees Gold likely to break above the 200 EMA and challenge 1210 and 1228 levels again.
20SMA and 55EMA remains above the 200EMA on the hourly charts as 1193 support was retested and extended gains.
Trend Direction |
S3 |
S2 |
S1 |
R1 |
R2 |
R3 |
Entry |
Stop Loss |
Exit |
Bullish | 1135 | 1160 | 1180 | 1200 | 1215 | 1225 |
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