SUNDAY
WEEKLY UPDATE
Gold in international market last week dropped from 1130$ to test its long term supports at 1090$ and recovered sharply on
week end closing to close at 1099$, though prices seems to be in negative trend it was not in a position to give a breakdown
below 1190$ for last four days, technically we expect a recovery from current levels to test 1110$ to 1120$
with supports below the said levels.
Weekly Call :
Buy International gold between 1096 – 1099
with sl below 1086
for targets 1115$ and 1120$.. S
hort term buy call only,
we expect a major correction below1086 levels on positional basis.
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