Sunday, January 31, 2016
GOLD UPDATES FOR FEB 1 2016
WEEKLY UPDATE
MONDAY
Mcx Gold last week jumped from 26200 levels to test its strong resistance at 26800 levels
then dropped back to 26500 and finally closed at 26650 levels trend for the commodity
remains very positive and any opportunity close to 26500 levels can be utilized for
buy for the same target 26800 levels with supports below 26400 levels.
Weekly Call :
Buy Gold on dips between 26500 – 26550
with SL below 26400
for targets 26700 and 26800.
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The precious white metal touched an intra-day high at Rs 34,966 and a high at Rs 34,879.
ReplyDeleteintraday commodity tips