GOLD UPDATES FOR JAN 10 2016

SUNDAY




WEEKLY UPDATE




Gold in international market last week jumped from 1070$ to 1110$ and finally closed


at 1104$, trend for the commodity remains very positive both fundamentally and


technically now because of slowdown in china, major concern of internationa


l market is china last week alone trading was suspended twice in Chinese market


which gave a strong impact in bullions market and negative impact in world


equity market, now that the slowdown is confirmed in Chinese market and


whatever the stimulus they are trying to come away from recession will


prevail for short term only so we are just seeing the tip of the iceberg


so be cautious while carrying positions.\



Weekly Call :



Buy Gold International on dips between 1095 – 1100


with SL below 1080


for targets 1120 and 1130.


We have introduced 2 new schemes




1. We provide you with trading calls and you will trade




For which we charge a Fee



2. We can open a trading account in your name and we trade on your behalf




As we are closely monitoring the market we feel we will be able to



trade more profitably than you .



The profits will be shared 80 : 20



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