SUNDAY
WEEKLY UPDATE
International gold last week dropped from 1160$ and closed at 1134$, prices has closed well below its strong l
ong term supports at 1140$, trend for the commodity remains very bearish and we expect prices to correct further
up to 1090$ with some intermediate supports at 1110 levels, Greece issue still haunts euro zone,
sell at current levels and on rises is advisable.
Weekly Call :
Sell Gold at CMp 1135$ and on rises up to 1140$
with SL above 1160$
for targets 1110$ and 1090$.
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