COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD IN RANGED MODE. AFTER FOMC MEET NO CLEAR CONSENSUS ON INFLATION HOLDING GOLD FLAT. ANY CONCERN RELATED TO THIS ISSUE WILL GIVE BOOST TO GOLD. SAME TIME TINKERING WITH INTEREST RATE WILL MAKE GOLD VULNERABLE FOR LOWER SIDES. GOLD IF ABLE TO GIVE WEEKLY CLOSE ABV 1672 LVL THEN POSITIVE UPTO 1696 EXPECTED. GOOD SELLING ZONE LONG TERM FOR DOWN SIDE TGT OF 1628-1588
GOLD COMEX INTRA TRADING RANGE 1675-1660 EITHER SIDE BREAK N CLOSE MORE DIRECTION. BIAS WEAK AT HIGHER LVL.
MCX GOLD 30964-30666 EITHER SIDE BREAK MORE DIRECTION.
GOLD SPDR MKT HOLDINGS STANDS AT 1337.73 UNCHANGED.
GOLD LBMA FIXES AT 1666.50 UP BY 9 USD
INR TRADING RANGE 54.38-55.05 RUPEE RANGED....For more please visit www.commotrendz.com
No comments:
Post a Comment