#GOLD...... FIGHTING IMPORTANT LEVELS ??

#Gold... as seen in the Monthly Chart, Moving along The Trendline Nicely. This Current Month, It was able to pierce the Trendline indicating weakness in the Precious Metal. But as far as Monthly Chart is Considered we feel as Closing above the trendline i.e. 1172 level will be important on the long term scenario and Next Month Candle will also be important in this context. 2 Moving averages are seen on the chart a 50 day SMA and 100 day SMA, MOnthly Closing Above 1184 will keep #Gold Above the 100 SMA which again indicates a long Term Bullishness.. Piercing the lines in a candle and closing again above the important levels indicates short term bearishness. We Need to Watch this Monthly Candle alongwith Next Month Candle closely. If sustains these levels We may See 1391, 1418, 1477 levels, If Breaks these levels we will have bearishness continued in the precious metal. Let's Wait and Watch !!