02 July Tuesday View

Gold, as anticipated, is consolidating from its last week low of 28500 (USD 1182) level. It is now close to the resistance 30590 (USD 1268.88), which if broken and held will give us some opportunity to go long but very cautiously and for very short term. For today, let's see if the price finds support at 30000 (USD 1244.21), 29700 (USD 1231.77) and 29450 (USD 1221.40) if it is to be pushed below.

Stay Safe :)