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Gold: Decisive Zones For Mapping Indecisive Moves

Published 11/23/2018, 08:45 AM
Updated 07/09/2023, 06:31 AM

Currently, Gold futures look to be more influenced by different noises amid sliding global markets and a fear of Fed rate hikes, rather than any other factor – be it a fundamental or technical. During such an uncertain scenario, a trader finds it too difficult to correctly calculate gold's next move. I’ve found some decisive zones to map indecisive gold moves. Let’s have a look at the movements in the following charts.

60-Minute Gold

4-Hour Gold

60-Minute Gold

15-Minute Gold

Disclaimer: This analysis is only for educational purpose. Readers are requested to kindly consider their own view first, before taking any position.

Latest comments

Sir every one is not as intelligent as you are so please clarify your view in simple format. Please give importance on support and resistance levels
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