Gold is trading in range for past few days.....
Gold may show some upside movement during next week....Watch 26600-26700-26800-27050 levels as breakout levels or It may reverse to continue down trend ....
TILL GOLD IS TRADING BELOW 27250 IT IS IN DOWN TREND AND IT MAY CONTINUE TO DROP (AFTER SOME UPSIDE MOVEMENT) TILL 25800-25600 LEVELS....
Then we may see uptrend from 25800-25600 levels.....
If the coming upside movement on Monday continues and break 27250 then we may see long upward trend continuing till 27400, 27600, 28300, 28500.....break of 28500 will seek TGT of 30300+ and may be more till 33300.....
NG:
NG is looking very weak as we are still maintaining our positional Sell call....Now Keep Trailing sl above 184
If close above 184 means fresh buying opportunity for TGT 190+
Gold may show some upside movement during next week....Watch 26600-26700-26800-27050 levels as breakout levels or It may reverse to continue down trend ....
TILL GOLD IS TRADING BELOW 27250 IT IS IN DOWN TREND AND IT MAY CONTINUE TO DROP (AFTER SOME UPSIDE MOVEMENT) TILL 25800-25600 LEVELS....
Then we may see uptrend from 25800-25600 levels.....
If the coming upside movement on Monday continues and break 27250 then we may see long upward trend continuing till 27400, 27600, 28300, 28500.....break of 28500 will seek TGT of 30300+ and may be more till 33300.....
NG:
NG is looking very weak as we are still maintaining our positional Sell call....Now Keep Trailing sl above 184
If close above 184 means fresh buying opportunity for TGT 190+