Tuesday 24 June 2014

Spot GOLD Long Term Positional View 24-June-2014

If 1320, 1322 resists, we may see 1310, 1304, 1298, 1291, 1286, 1282. I expect reversal from 1290-1270 levels. Key support now is at 1258/1240. But if gold breaks 1322 level, then up move will be in place.




Any reversal from these levels, I expect 1321 first. My upside targets are: 1327, 1336-1339, 1358, 1387.



Long Term Positional Targets: 1431, 1513, 1585...