GOLD-BUY strategy Daily chart

GOLD had a nice fall near $ 4,100 and profit taking done around $ 4,150-4,200 in between. It was a patience ride, and now we should see recovery. I feel BUYING in the $ 4,400 – 4,500 region and take profit near $ 4,875. That area may become difficult, and re-test $ 4,100 en route $ 3,750 is possible medium-term.

Strategy BUY $ 4,425 – 4,475 and take profit near $ 4,775.