SUNDAY
WEEKLY UPDATE
Gold in international Market last week dropped from 1340$ - 1303$ and
recovered back from 1303$ to close at 1350$, FOMC statement clearly
insists that they are not in a mood before September to increase the
interest rates, trend for the commodity remains bullish and we expect
prices to bounce further up to 1368$ immediately and close above
1368$ will gie further rally up to 1390$.
Weekly Call :
Buy Gold International between 1345$-1350$
with SL below 1330$
for target 1368$
any close above 1368$ add further position with sl at cost for extended target 1390.
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