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GOLD Intraday Tips For 12 Dec 2018

Last update on 10 Dec 2018
GOLD (EXP 05 Feb 2019) CMP-32028 currently close up side in intraday. It is likely to test resistance 32254.00 / 32480.00 / 32842.00. If it breaks below 31892.00 with volume then it may test lowerside supports, such as 31666.00 / 31304.00 / 31078.00.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 32842.00
R3 32480.00
R2 32254.00
R1 32073.00
PP 31892.00
S1 31779.00
S2 31666.00
S3 31304.00
S4 31078.00
Last Day High 32118
Last Day Low 31530
Last Day Close 32028
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)