Friday, 29 May 2015

GOLD UPDATE - For POSITIONAL TRADERS - 29 MAY 2015

Gold has shown a bounce back today......

If it is not reversal then Gold can go maximum down till 26650-26660 levels ......confirmed break of 26600 can take gold maximum down to 26490 levels.....

Gold might reverse otherwise from either 26660-26650 or 26490 levels.....for much higher targets ....1st TGT 28500+ and 2nd TGT above 30000 ( Around 30300-30400)

So Buy at Current level plus buy at 26650 and 26490....SL below 26400......