Gold: Gold Is trending Bullish. MACD, ICHIMOKU Cloud Moving averages, trendline are pointing bullish momentum to continue. Ideal buying today will be around support levels1966-1972 with the target of 1988 and 2000. My Price action is bullish.
Talking on fundamentals , market it taking tommorow interest rate hike by FED as one of last before the pause. So market is celebrating it. This celebration will go for some time and till Sep hike in my point of view.
I wish u good luck for your trades today.
Gold Intraday support and resistance:
27-7-23
S1 : 1972
S2 : 1965
S3: 1952
R1: 1982-85
R2 :1990
R3: 2000
Talking on fundamentals , market it taking tommorow interest rate hike by FED as one of last before the pause. So market is celebrating it. This celebration will go for some time and till Sep hike in my point of view.
I wish u good luck for your trades today.
Gold Intraday support and resistance:
27-7-23
S1 : 1972
S2 : 1965
S3: 1952
R1: 1982-85
R2 :1990
R3: 2000