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Sunday, January 29, 2017

GOLD UPDATES FOR JAN 29 2017

SUNDAY




WEEKLY UPDATE



Gold in international market last week dropped from 1220$ to test it strong supports at 1181$




and recovered back to close at 1191$, immediate supports for the commodity is at 1180$




and resistance at 1200$ and 1210$




sell on rises is the best bet since 1210 – 1220 acts as a strong resistance.




Weekly Update :





Sell Gold international on rises between 1200 – 1204 (CMP 1191)



with SL above 1220$



for target 1180$.


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