SUNDAY
WEEKLY UPDATE
Gold in international market last week recovered from its bottom of 1215$
to test a high of 1242$ and closed at 1239$, very strong resistance for the
commodity is now at 1242$ and supports at 1220$, trend remains positive for now,
breakout above 1242$ prices is expected to give a move up to 1260$,
buy above resistance is advisable.
Weekly Call :
Buy Gold international only above 1242$\
and add further on dips up to 1238$
with SL below 1230$
for target 1260$.
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