DislikedGold Updated Analysis Gold opened with a good gap today but it still is not showing strong buying pressure. It looks like buyers are still onfused or not very interested. Look at the H1 timeframe I dont think gold will go much higher. It could reach around 4126-4130 at most. If gold breaks above 4100 properly and holds then it may move higher. Otherwise it could start falling from here. H4 timeframe gold could still move up to around 4210-4220. However this depends on breaking the trendline properly and holding above the 4130-4140 zone. Because...Ignored
Key Levels to Watch
Resistance: 4040-50, 4070-91
Support: 4000-4015, 3980-3967, 3933
Patience
8