Technical Outlook and Chart Setups:
As seen from 4H chart view here, the yellow metal seems to be poised to test 1626.00 level before rallying. Please note, testing of highs and lows is a technically healthy sign, and not to be taken as a down trend at the moment. It is still recommended to hold long positions taken earlier till the time prices remain above 1626.00 level. A break below 1620.00 would confirm a paradigm shift in trade direction. Looking higher at the moment.
Trading Recommendations:
Hold long positions, stop at 1620.00, target open.
Good Luck !
