The market has been in a consolidation phase. Last Thu's strong rejection at 1582.80 suggests a higher low at the latter may be in place ahead of an attempt on 1702.44. at this position sell is good for scalp. the Gold and as we can see from the chart has closed it's daily candle under the level of 1650.00 , so , that's mean the down trend is still standing and the pair is heading to 1585.00 then 1570.00


Thread: 
Thanks
Currently Active Users
Forex Forum India Statistics