Gold remains in a pullback mode with key Fib hurdle at $1,994 intact.
The hourly chart shows a rising wedge pattern with support at $1,953.
Gold is currently trading at $1,982 per ounce, representing a 0.15% decline on the day, having printed a high of $1,990 on Monday.
The yellow metal has recovered by more than $100 from the recent low of $1,862, however, a bull revival is still not confirmed as the resistance at $1,994 – the 61.8% Fibonacci retracement of the sell-off from $2,075 to $1,862 – remains intact


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics