The shiny metal has completed full Fibonacci retracement levels yesterday reaching to below 890$ per ounce sinking down considerably, yet up till now there is no corruption whatsoever for the bullish scenario for the shiny metal and we still remain bullish targeting the 950$ as far as the level 887 is intact.

The trading range is among the key support level at 887 and the key resistance level at 917.00.

The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.

Resistance902.00 904.70 907.10 911.30 915.80


Buy gold above 890 with a target at 902.00 and a stop loss below 886.50.