Gold bulls are making a strong comeback; buy on dips and follow

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From the 4-hour chart, the current resistance level to watch is 4115-23, with a key resistance level at 4145. Short-term support is at 4060-68, with a key support level at the previous low of 4030-4035.

Gold Trading Strategy:

1. Buy gold on a pullback to 4063-68, add to the position on a pullback to 4047-55, stop loss at 4039, target 4100-4106, break above to 4120-28.

Penafian

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