COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD RANGED TO WEAK AT HIGHER LVL. STRONG RES SEEN AT 1612 LVL GOOD SELLING ZONE. MCX STRONG RES NOW STANDS AT 29680-29722 LVL GOOD SELLING ZONE. BOTTOM FISHING NOT SUGGESTED. INTRA HOLD BLW 1598 LOOKS WEAK. MCX INTRA HOLD BLW 29444 LOOKS WEAK. SELL ON RALLY. WEEKLY CLOSE ABV 1620 ONLY LOOKS POSITIVE TILL THEN SELL ON RALLY 4 NOW. MCX SUPPORT SEEN AT 29144 LVL. DAILY CLOSE BLW THIS LVL WILL MAKE FURTHER WEAK ELSE BOTTOM FISHING IS SAFE AROUND SAID LVL. EVENING GOLD EXPECTED TO BE SLITE POSITIVE.
GOLD COMEX INTRA TRADING RANGE 1588-1612
MCX GOLD 29144-29666 EITHER SIDE ON CLOSE BASIS BREAK MORE DIRECTION
GOLD SPDR MKT HOLDINGS STANDS AT 1221.26 UNCHANGED.
GOLD LBMA FIXES AT 1599.25 DOWN BY 7 USD.
USDINR MAR TRADING RANGE 54.34-54.88 EITHER SIDE BRAKE MORE DIRECTION. For more please visit www.commotrendz.com
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