Gold has been trading in a wedge formation where it has touched the bottom again, a reversal is on the cards which should take the price higher above the $1900 mark as observed on the chart since the previous highs have the difference of 75 points.

A great risk reward setup for a long here.

For Detailed Analysis with Levels, Entry and Stoploss subscribe to Gold Outlook/Plans starting from Rs.9000 or $120 per month –


Share and Enjoy !