Good Evening Gold Lovers
Symmetric triangle in 1 hour time frame chart break downward and price move to its second support level 1211-12 area.If gold bounce from this level then next resistance is 1231-33 now.If gold fail to bounce from this support level then most probably we will buy gold from the main support level 1191-95 with invalidation below 1187-85.Break of main support will invalidate our bullish thoughts in gold.I have mention support and possible next resistance area in the chart below.Please have a look
Gold 1 Hour chart
Previous 1 hour chart
I am also sharing previous 1 hour chart below
Previous 1 hour Gold chart
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