I am sharing my technical analysis on Gold so that you can take your decision on gold. Gold has been trading in the range from the last 4 days beween 1856 to 1916 levels.
Upside Scenario
If Gold will be able to break 1916 level convincingly then we are heading for an upward move and reach next level of 1950.
Downward Scenario
Gold has broken uptrend with sharp move down. If Gold will be able to break 1856 level convincingly then we are heading for a downtrend move and reach next level of 1813.
I will be sharing technical analysis of forex and crypto assets in the coming days. These technical analysis are for educational purposes only and should not be considered a financial advice.