GOLD UPDATES FOR OCT 18 2015

SUNDAY


WEEKLY UPDATE


Gold in international market last week went up to 1190$ and dropped back to 1176$, trend has



changed now and we expect correction in the days to come particularly below 1170$,with strong



resistance above 1185$ for targets 1150$ and 1140$, last two session candle formation has


confirmed the bearish signal, so sell below immediate support levels is the advisable strategy.



Weekly Call :



Sell Gold international only below 1170$



and on rises up to 1175$



with SL above 1190$


for targets 1150$ and 1140$.



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