GOLD UPDATES FOR JAN 8 2017

SUNDAY



WEEKLY UPDATE



Gold in international market last week jumped from 1150$ to 1182$ and closed at 1172$,



immediate resistance for the commodity is now at 1181$ and 1190$ supports for the commodity



is at 1160$ - 1150$, we expect correction to take place from current levels,sell at current



levels and on rises is advisable.




Weekly Call :



Sell Gold international between 1172 – 1175



with SL above 1185$



for target 1150$.




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