Gold Upcoming movement

4 thg 3

Gold surged up as expected currently trading between the 2080 and 2090 range as of 4th March. This is further expected to move high towards the 2120 area and turn bearish or towards the 2140 area before the reversal. since the new month and week created new higher resistance levels I have considered these as 2 scenarios. In both cases, if the trend continues hedging would be a good option to control your losses. This is not a trading advice. Kindly do all analysis as required