Friday, 3 April 2015

Gold & Silver: Updated on 6 April 2015

Buy Gold above 26600....TGT 26900 +, 27600+......

As I always had told many times....above 24800 GOLD remains strong but in between we can see retracements.....but long term Gold is positive and maximum of it will come during April.....( April 6 Gold will rise and then fall (retrace)....April 9 Gold will rise again .....April 14 Gold will retrace again......and so on....)....

Till Gold and silver give a confirm breakouts, both will trade range bound.....Strategy to trade will still remain Buy on dips and sell the upward rally......

Gold may test 26000 and 25650 levels again if it break 26000 level......
Silver below 37000 may test 36600 and break below 36600 can test 35400-35300 levels.....

Maintain Long positions in Crude for more upside targets for short term.....Crude may consolidate next week and will trade range bound between 3450-2800 levels