PREVIOUS ANALYSIS
Long term analysis included in the above post.
02-JUL-2021
Update 2:
Update 1:
More downside left?
More downside left?
https://rajtechanalysis.blogspot.com/2021/04/goldxauusd-analysis-april-2021.html
RES: 1756/1877/1961
As long as these resistances hold, we can see some more downside towards 1684, 1648, 1625-1603, extension 1592, 1575, 1560.
CMP: 1735; RES: 1816/1875/1959; SUP: 1716
Gold has done normal target for this move between 1732-1716.
Extensions can e 1680, 1649, 1575.
Expecting Reversal from these levels and it may be very big.
As of now buyers stop 1713 max. My preference SELL ON RISE.
PREVIOUS ANALYSIS https://rajtechanalysis.blogspot.com/2021/06/goldxauusd-analysis-june-2021.html Long term analysis included in the above p...