GOLD ---- HEADING TOWARDS 28000 -28200

GOLD- 1M

This is the GOLD FUTURE chart, in which it can be clearly seen that since last 1 month or so it is getting sold off at resistance which is approximately at 27200-27250. Now if it able to break this resistance on daily closing basis it may head towards 28000-28200 range. In the process it will fill the gaps formed during april because of panic fall.

If it closes above resistance, gold will return to short term uptrend.

CAUTION :- LONG TERM TREND IS STILL DOWN.

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