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GOLD looks strong bullish momentum | June 6, 2017



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Gold is looking for a new fresh high with strong bullish movement. This yellow metal is near to critical resistance zone. Breakout of this zone can bring this pair higher. Gold breaks little resistance at 1284 level. Now, this pair is ready to fly more. We need to wait for the successful breakout. Buy gold for every deep and it will be profitable trades. Buyers are active and taking control on gold and so traders look to buy on Gold for further bullish movement.

There is no bearish sign yet on Gold. So, sellers need to a long time wait for getting reversal selling confirmation. They can look for short time sell entry. Otherwise, buy is a good option for this moment. 

Support level: 1284, 1278

Resistance Level: 1293 1300

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