After consolidation around 1772 - 1776 levels, Gold may show a decent up move from here.
Buy zone - 1774 - 78
Target 1 = 1796
Target 2 = 1825
Stoploss = 1770
Wednesday Most IMP data: OIL Inventories....
Will use to SELL due to overbought condition & High Supply...
Thursday USD GDP & GBP Interest Rate & MPC Meeting...
XAUUSD to BUY From Lower level & GBPUSD to...
Hind Oil is under uptrend which has just started and moving inside a channel.
Buy around - 105 - 99
Target 1: 115
Target 2: 136-150
Timeframe - Short-term
Closing above 116 will lead to good up-move till 134.
Hold this rally for good profits.
