Gold is subject to the major commodity cycles of all commodities, Last week Gold hit a reflective support price point and shows bounce which was completely unsustainable & now Prices are again near Critical Support Point
1315$ mark holding the key support for Gold on short-term basis, However later this week Important Data’s are schedule which will set the tone of market for May month, It will be most preferable if we get this week closing below 1315$.
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Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.
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About the Author
Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.