SUNDAY
WEEKLY UPDATE
Gold in international market last week dropped from 1256$ to 1210$,
prices closed near its strong supports 1210$ and any breakdown below 1210$
we expect further correction up to 1190$, immediate resistance for the
commodity is at 1230$, FOMC and ECB both will decide next week about
interest rate hike which will decide further course of direction
Sell on rises is advisable.
Weekly Call :
Sell Gold international only below 1210$
and add further on rises up to 1215$
with Sl above 1230$
for target 1190 and 1184 $
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