Gold inclines to touch levels around SMA20 at 1070.00, but trading remains within the same range between 1078.00 and 1062.00.
ADX shows weakness in the downtrend, while ADX attempts to incline but remains stable below 50.00.
Hence, we will be neutral awaiting for more confirmation.
Support: : 1062.00 – 1050.00 – 1045.00
Resistance:: 1078.00 – 1082.00 – 1090.00
Direction: Sideways