Gold chart update

• Gold bulls unable to sustain above the broken support zone of 1335.
• One hour chart too shows price falling back into the bearish channel
• Gold bulls need at least an hourly close above 1335 for gaining strength.

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ES range update

• Price remains range bound.
• Bulls testing the top of the range.

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GOLD Chart update

• Gold bulls need to break and sustain above 1335 and the falling resistance line shown in one hour chart for a bigger up move to happen.
• Unable to break above these levels may resume correction.

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ES Analysis before opening bell

• Crucial levels for the next few hours are 2175 and 2165,
• 4 hour charts shows price positioned in favour of bears for now. 

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Nifty Bears near support line

• Nifty one hour chart shows price breaking below the diamond pattern. But bigger time frames suggest that nifty bears need to do more for a bigger fall to follow.

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