COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD STILL NEED TO BREAK 1634 ON HOURLY CLOSING BASIS. IT CAN GO UPTO 1643-1645 LVL. ONCE THAT LVL IS CUT N CLOSED WE WILL SEE GOLD RALLY UPTO 1668-1700 LVL IN COMING DAYS. AS UPSIDE THIS ARE STRONG RES LVL. RUPEE IS WEAK HENCE GOLD BOUNCING TO NEW LIFE HIGHS IN MCX. BUY IN DIP IN MCX. ANY BREAK N SUSTAIN ABV 30422 CAN SEE GOLD GO UPTO 30666 IN TWO DAYS TIME FRAME PROVIDED COMEX GIVES SUPPORT AT HIGHER LVLS. OVERALL STILL STRONG IN MCX.
GOLD COMEX INTRA TRADING RANGE 1606-1645 BIAS POSITIVE. BUY IN DIP.
GOLD MCX TRDING RANGE 30000-30422 EITHER SIDE BREAK MORE DIRECTION. BUY IN DIP
GOLD SPDR HOLDINGS STANDS AT 1281.62 UP BY 4 TONNES.
GOLD LBMA FIXES AT 1615.50 DOWN BY 12 USD
RUPEE TRADING RANGE 56.34-55.45 EITHER SIDE BREAK MORE TREND.OVERALL BUY USDINR IN DIP 4 THE DAY. FOR MORE PLEASE VISIT www.commotrendz.com