GOLD UPDATES FOR SEPT 27 2015

SUNDAY



WEEKLY UPDATE




Gold in international market last week jumped to 1160$ and once again dropped back to 1145$,



because of the statement from Yellen FOMC chairmen states that economy is recovering in a



normal pace than expectation and given a clear signal for interest rate hikes in coming



session, for the week ahead we expect prices to have correction from current levels



to next supports of 1110 to 1090 levels sells below supports is advisable.




Weekly Call :



Sell Gold international only below 1140$



and add on rises up to 1145$



with stops above 1162$



for targets 1110$ and 1090$.



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