GOLD UPDATES FOR NOV 14 2016

MONDAY 3.45 PM IST



WEEKLY UPDATE

Gold in international market last week given highly volatile moves

 by testing a week high of around 1340$ and dropped to close at 1227$,

 today in early market  hours prices is now trading at 1215$, down by 

almost 10$, trend for the commodity remains bearish and we expect

 prices to correct further up to 1200$ immediately and any close below 

1200$ may pushdown the prices to 1180$. Sell on rises is advisable.'\

Weekly Call :

                Sell Gold International on rises between 1220$ - 1225$ 

with SL above 1240$

 for target 1200$

 and any close below 1200$ 

add further shorts for target 1180$ with stops at cost.

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