Daily Gold Analysis 3rd May 2016 ( Update )
Good Evening Gold Fantasies
As per our expectations gold is in correction mode and give a low around 1282-83 level.We believe some more downwards movement before a bounce.Current market price is 1286.We may get better price to jump in the possible bullish rally with target 1315-17.Please go through the chart below , I have mention possible next movement diagram.
4 Hour Update Chart
I am sharing previous 4 hour chart analysis for the reference of previous analysis.
Previous 4 Hour Chart
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Mati Ur Rehman
Gold Analyst @ dailygoldanalysis.com