GOLD UPDATES FOR OCT 25 2015

SUNDAY




WEEKLY UPDATE



Gold in international market last week dropped from its peak from 1180$ to 1160$, and closed at 1163$,




trend for the commodity remains bearish and we expect prices to correct further up to 1140$ with strong



resistance above 1180$, sell at current levels and on rises is the advisable strategy.



Weekly Call :



Sell Gold at current levels 1163$




and on rises up to 1168$




with SL above 1180$



for target 1140$.


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