Gold is Looking for a Bullish Push Again
Gold Technical Analysis
We have seen a very big down momentum on Gold in the previous days and the price is dropped up to 1766 level. Many traders are still thinking that Gold can go further down as per the predictions and market analysis.
200 Forex Pips point of view is little different than others as by looking at the daily chart I can see some bullish signals which can possibly bring back the buyers into the market.
However, on 200 Forex Pips Smart Buy and Smart Sell Indicator still Sell signal is running on the daily chart which can change soon later as buyers come into the market.
Gold Retest Area
At the current price we need to stay focused and Gold can retest 1753 area and this could be the possible zone for Gold to go into upward direction.
I am overall Bullish on Gold Technical Analysis and Forecast for the next coming days.