GOLD UPDATES FOR MARCH 20 2016

SUNDAY


WEEKLY UPDATE




Gold in international market last week dropped from 1280 – 1225 and recovered back to




1270$ but was not able to hold at higher levels and dropped back to close at 1255$,




trend for the commodity remains bearish only below 1250$, fresh sells should be



initiated only below the said level for target 1220$ with stops above 1270$.




Weekly Call :





Sell Gold international only below 1250$




and add further on rises up to 1255$



with SL above 1270$




for targets 1230$ and 1220$.



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