With European markets closed for the day, Gold is consolidating last week's gains in a tight range.
That being said, gold remains extremely bullish both technical and fundamental.
A daily close above 1700 would expose 1750 (soft target) and important resistance zone at 1800.
Buy dips can be a good strategy.
Only a break and close under 1670 would negate this scenario and give reason for a pause.
That being said, gold remains extremely bullish both technical and fundamental.
A daily close above 1700 would expose 1750 (soft target) and important resistance zone at 1800.
Buy dips can be a good strategy.
Only a break and close under 1670 would negate this scenario and give reason for a pause.
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