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Gold Continues its Dream Run amid Geopolitical Uncertainties.

Gold continues its dream run on Monday for the 5th day & climbs to a fresh record high, around the $2,732-2,733 area during the Asian session. Persistent geopolitical risks and the US political uncertainty support prospects for a further near-term appreciating move for the safe-haven precious metal.

Intraday Supports, Resistance & Strategy

Gold Structure: Highly Bullish Candle on Weekly due to Geopolitical Uncertainty, Bullish Candle on Daily, Doji on 1hr.

Intraday Strategy/ Intraday Trend: Buy on Support,Buy on Breakouts/ Positive

Weekly Trend: Hyper Bullish

Major Resistance: 2732, 2740, Undefined

Major Support: 2720,2714,2704