A good support on intraday gold chart stands at 1188$ . If traders manage to break this hurdle and sustain below our support today . Then expect xauusd to support sellers upto 1180$ – 1170$ today . Remember it already lost 70$ from its peak in just 2 trading session .
A good resistance on intraday gold chart at 1208$ . If traders pull this hurdle up and manage to sustain above our resistance . Then expect market to fire upto 1217$ – 1228$ today .
Gold UPDATE: Trend is weak for now . Avoid major buying