Gold Still Down Trend But Breaking Above 1800.00 May Have.......

Gold is still in a downtrend, But the gold price breaks and stable above the 1800.00 price zone may have a different scenario. From the present price zone, 1800.00 is the immediate resistance.

Breaking above 1800.00 markets may test nearly 1840/1845 price zone. 1840-1850 is the descending channel resistance area. as long as the market below 1850.00, the market won't change its downtrend bias.

On the other hand, if the market close and stable below the 1758.00 price zone, we will go for sell till the 1680.00 price zone.