gold

Gold: looking for buyers on thin trading!

Showing Flexibility

Firstly it must be understood that gold has had shown off handy resilience during the last trading day.

however, it could collapse this momentum by eying low volume and the absence of main market players.

Don’t rule out this important probability as well!

Since we are trendy, so we have to have bought but for this, we need to have good buying levels.

Priority!

For mostly we intend to buy the precious metal from 1480 with stick stop loss 1475.

Thereafter looking target 1486/1489

Alternative Setup!

Finally, if the break of 1475 occurred it would go further down to 1470/1464 therein.

Caution!

Having thin trading and holiday mood we should hold our stop loss and tp affirmed.

Have a good trading journey and joyful holidays!