Gold is look like bullish. Gold analysis on dated 01-03-2022. There are following fact is consider when we analysis this popular commodities.
- The medium term bias remains bullish
- There is scope for mild selling at the open but losses should be limited
- Support is located at 1880 and should stem dips to this area
- Dip buying offers good risk/reward
- News events could adversley affect the short term technical picture.
- Recommendation: Buy/Buy limit @ 1880/1885 area TP?Target: 1940/1960
- Type: Intraday
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