Good Evening Gold Lovers
Gold is trading between small range since yesterday.We are bullish in gold as long as gold is trading above the support level which is at 1301-1297 area.We will look for buy entry from 1301-03 or after the break of 1326 which is hourly resistance.I am sharing 2 different time frame chart analysis below with the next movement diagram.Please see the charts below.
Daily Gold Technical Chart
4 Hour Gold Technical Chart
Note: Never risk more then 2% of your account capital in single trade.Always trade with proper risk management plan.
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Wish you good luck and happy trading
Mati Ur Rehman
Gold Analyst @ Dailygoldanalysis.com
Email : email@example.com
Skype : mati_ji