SUNDAY
WEEKLY UPDATE
Gold in international market last week dropped from 1250$ to 1210$ and closed at 1221$,
trend for the commodity remains bearish and sell on rises is advisable ,
immediate supports for the commodity is at 1210$, and resistance at 1240$.
We expect a sharp correction if prices breaks below 1210$.
Weekly Call :
Sell Gold International on rises between 1225$ - 1230$
with SL above 1242$
for target 1210$
and add further shorts on close below 1210$
for extended target 1190 with Stops at cost.
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