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Gold October 1 - 5 Outlook

Release Time:2018-10-01 02:14

Technical Commentary

Gold continues to remain trapped in the range of Gann levels for last so many days.Both 1180 and 1215 are Gann levels and look at the chart and verify yourself, how accurately these levels are impacting the trend in gold.No change in major trend of Gold .It remains in a strong downtrend. However short term trend is up now and will remain so till it closes below 1180.Follow the Gann levels given below and create your own trading plan.

MAJOR SUPPORT LEVELS ON CLOSING BASIS ARE:: 1180-1153-1120-1045

MAJOR RESISTANCE LEVELS ON CLOSING BASIS ARE :: 1215-1228-1245-1266