GOLD UPDATES FOR JAN 24 2016

SUNDAY



WEEKLY UPDATE




Gold in international market last week moved from 1080 to 1110 levels and dropped to close



at 1097$ on week end closing trend for the commodity remains sideways , however



technical in chart shows bearish sign for near term that too only a breakdown



below supports at 1090$ near 1110 levels the chart shows a formation of double




top any breakout above 1110 levels only will turn the commodity bullish




till then trend remains sideways only.



Weekly Call :



Sell Gold only below 1090$



and add further on rises up to 1095$



with SL above 1110$ for target 1070$




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