Let’s see how Gold has reacted during the previous data release:
- Gold rises sharply and touches $1,789 mark in early U.S. Session.
- It made intraday high at $1,789 and low at $1,776 mark.
- A day chart is down while H1 chart with triple EMA suggests slightly up trend for the time being.
- A sustained close above $1,794 on H1 chart requires for the upside rally.
- Alternatively, a consistent close below $1,777 will check further supports.
Take a look and do trade wisely!