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Sunday, June 5, 2016

GOLD UPDATES FOR JUNE 5 2016

SUNDAY


WEEKLY UPDATE



Gold in international market last week dropped from 1230$ to 1210$,



prices consolidates at 1210$ and recovered back to 1240$ almost 33$


jump from bottom levels, we expect prices to give further rally up to 1260$ -


1268$ prices may correct from higher levels for the first session we expect



prices to move up to the immediate resistance levels



and then prices may drop from the resistance levels.




Weekly Call :




Buy Gold in international market on dips between 1230 – 1235



with SL below 1210



for targets 1260 – 1268.

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