GOLD UPDATE

GOLD IS GOLD...

It has taken out my SL...though I expect a bounce back anytime....There is a divergence in 4 hr chart....so I am buying at each support levels ........Since there is holiday in USA on Monday, there will be low volumes till wednesday.... I hope Gold will bounce back with these low volume and show reversal of down trend so far.....

I am buying base metals and waiting for buying / selling crude....

Gold

covered all short positions taken from 30500 at 29300...

i am buying anything below 29300....bought at 29290.....longterm tgt 30300-32792

Gold Watchout levels

I will Watch out 30500-30800 levels. and 29700 below...any drop below after a rise may be huge....expecting a drop of Rs. 1000 to 1200 in one day.....maintain strict SL or trailing SL.....

But if it break 30800 with volume then it will make new highs in this coming month....

Even if it retrace the long term tgt 32780 and 35000 are still intact....


Exact levels ???? let it remain with me this time.....Resistance ???

Trade safe