Gold currently takes breathing after strong upside move.current world scenario makes it a royal deal to invest on every dips.main concern in world geopolitics this year's is major economies have election around the world.also ,top central banks of the world trying to put inflation down n seems to cut intrest rates this year.
Which is a win win situation for gold.
Some large economies continue buying huge tons of gold.while world also facing geopolitical tensions n war like situation.
So,gold might correct some points but that doesn't mean a reverse of course.
Buying on dips recommend in bullions.
Currently,gold find support above $2145-2115-2080.
Also,Focus shift to today's PPI n Unemployment data to watch over it.
Buying side,gold again jump above $2195 to 2230-2267-2300.
Which is a win win situation for gold.
Some large economies continue buying huge tons of gold.while world also facing geopolitical tensions n war like situation.
So,gold might correct some points but that doesn't mean a reverse of course.
Buying on dips recommend in bullions.
Currently,gold find support above $2145-2115-2080.
Also,Focus shift to today's PPI n Unemployment data to watch over it.
Buying side,gold again jump above $2195 to 2230-2267-2300.