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Sunday, February 14, 2016

GOLD UPDATES FOR FEB 14 2016

SUNDAY



WEEKLY UPDATE




Gold in international market last week jumped from 1150$ to 1260$ almost 110$ jump in USD,



from 1260 it dropped back to 1232$ and closed at 1238$, trend for the commodity remains



very bullish but buy on dips is advisable we expect prices to correct up to 1220$,



any opportuinty near 1220$ one can buy with SL below 1204 for targets 1240 and



1250.Chinese market is expected to open by this week after long holidays.



Weekly Call :



Buy International Gold on dips between 1220$



with SL below 1204$



for targets 1240$ and 1250$.




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