FxWirePro: Gold forms bearish cypher pattern, good to buy at dips

Potential Reversal Zone (PRZ)- $1098.

Gold has recovered form the low of $1100 and is currently trading at $1120. Overall trend is slightly bullish as long as support $1098 holds.

Any break below $1098 will drag the pair further down till $1080/$1077.

The commodity minor resistance is around $1127/$1132.

It is good to buy at dips around $1100 with SL around $1077 for the TP of $1155