The Gold market is moving high in Today’s trading session. Moving around the fundamental motives, makes the current market sentiment and create a shift of bearish to bullish trend.
The support rests at 1851.39 with resistance at 1854.79. The pivot point at 1853.62 is located below the price lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above EMA of 200 and the EMA of 100. Stochastic is rising. The RSI is moving in overbought area and the ADX is moving horizontally. The MACD histogram is in negative territory but the signals are showing an upward momentum.

• There is resistance at 1854.79, followed by resistance at 1857.02 and 1858.19.
• There is support at 1851.39, Below, there is 1850.22 and 1847.99.

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