COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD INTL IN RANGED TO WEAKER MODE BUT WEAKER RUPEE HOLDING IT IN MCX. TREND LOOKS WEAK SELL ON RALLY IS SAFE 4 NOW. FOR OVERALL TGT OF 1685-1660 IN COMING DAYS. TILL DONT GIVE SUCCESFUL CLOSE ABV 1755 WE WILL SEE RANGED TO WEAKNESS IN GOLD. US CLIFF ISSUE HOLDING GOLD 4 NOW. ANY CHANGES WILL MAKE IT GOLD VOLATILE. BUT CHRISTMAS NEW YEAR EVE MKT WILL BE SUBDUED. MCX STRONG RES IS AT 31922 GOOD SELLING ZONE.
GOLD COMEX INTRA TRADING RANGE 1696-1720 EITHER SIDE BREAK N CLOSE MORE. BIAS WEAK AT HIGHER LVL. SELL NEAR RES.
GOLD MCX FEB INTRA TRDING RANGE 31922-31444 BIAS WEAK AT HIGHER LVL SELL NEAR RES.
GOLD SPDR MKT HOLDINGS STANDS AT 1348.83 FLAT.
GOLD LBMA FIXES AT 1720 DOWN BY 6 USD
INR TRADING RANGE 55.45-54.77. RUPEE SUCCESFUL CLOSE ABV 55.45 WILL CALL FOR SOME RECOVERY IN DOLLAR AND WILL SUPPORT GOLD. For more please visit www.commotrendz.com
No comments:
Post a Comment