Gold: remains Bullish above 1180 level, waiting for a dip to buy again.
- Current trend: remains Bullish above 1180.
#On the weekly chart,
Gold hit the resistance at 200-EMA(1260),
above 1180 could target 1300, 1345 and 1392.
- Support and resistance:
S1#1230 , S2#1207, S3#1170
R1#1275 , R2#1305 , R3#1345 - Trading tips: To be safe should be patient and waiting to buy the dips.
- Strategy: buy above @1180, SL @1170, TP @1300-1345
