SUNDAY
WEEKLY UPDATE
Gold in international market last week moved from 1230$ to 1270$ and dropped back
to close at 1230$ itself on week end closing, trend for the commodity remains
bearish for short term and we expect correction from current levels to 1210$,
immediate supports for the commodity is now at 1230$ and 1224$ and 1210$,
resistance for the commodity is at 1250$,
sell at current levels
for target 1210 -1220.
Weekly Call :
Sell Gold in international market at CMP 1333$
and on rises up to 1236$
with SL above 1250$ for target 1210$ and 1200$.
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