COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD SILVER SEEN FRESH CRASH THIS MORNING TOO. AFTER MARGIN CALL AND TECHNICAL OUTLOOK REMAIN WEAK. SUPPORT IN COMEX SEEN AT 1250 LVL. FROM THAT LVL WE CAN SEE SOME BUYING AS IT HAS GIVEN VERTICAL FREE FALL. HIGH FREQUENCY TRADING AND MARGIN CALL WERE OTHER REASON TOO FOR GOLD/SILVER SHARP FALL. STILL OUTLOOK REMAIN TECHNICALLY WEAK. SELL ON RALLY 4 THE DAY TOO. 1390 IS GOOD STRONG RES ZONE N SELLING ZONE TOO. MCX STRONG RES NOW AT 25777 LVL GOOD SELLING ZONE. NO BOTTOM FISHING SUGGESTED TODAY ALSO.
GOLD COMEX INTRA TRADING RANGE 1250-1390
MCX GOLD TRADING RANGE 25000-25777 WEAKNESS AT HIGHER LVL.
GOLD SPDR MKT HOLDINGS STANDS AT 1154.34 DOWN BY 4.22 MT
GOLD LBMA FIXES AT 1395 DOWN BY 140.50 USD
USDINR TRADING RANGE 54.98-54.32
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