Is Gold's Recent fall is taking it to Strong Buy Zone ??
Gold (XAUUSD) Price Is Approaching Support Level of $1,478, a Potential Reversal Zone Author- Vivek Shukla Chief Portfolio Manager- Wealth Guru Financials Twitter- @vivekshukla4444 Instagram- @wealth_guru_ WhatsApp- 9198544444 Gold Weekly Price Analysis – March 14 In case the Bulls maintain or increase their momentum the support level of $1,478 may be penetrated and the price will be aiming the low of $1,435. Should the support level of $1,478 holds, the price may reverse and face the north. XAUUSD Market Key levels: Resistance levels: $1,550, $1,591, $1,643 Support levels: $1,478, $1,435, $1,389 Has to be related to MCX Gold Prices XAUUSD Long-term Trend: Bearish Gold is bearish on the long-term outlook. The Bulls dominated the Gold market for more than three weeks. The bullish momentum pushed up the price to the high of $1,690 on 09 March. The bullish momentum was exhausted and the barrier at the resistance level of $1,690 held the price. An evening star candl...