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Sunday, March 27, 2016

GOLD UPDATES FOR MARCH 27 2016

SUNDAY



WEEKLY UPDATE



Gold in international market last week dropped from 1260$ to test 1210$ and closed at 1216$,



almost 50$ corrected in two trading sessions followed by long week end, we expect



prices to correct further up to 1190$, immediate resistance for the commodity



is at 1230$ and 1240$ supports for the commodity is at 1190$ sell on rises is advisable.




Weekly Update:





Sell Gold on rises between 1220$ - 1225$



with SL above 1240$



for targets 1200 and 1190



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