Tuesday, 15 July 2014

MCX Gold View 15-July-2014

I expect Gold strong down trend.

Currently I expect an upward correction with base support at 27726.

Up Move targets: 27900-930, 28040-28060, 28130-18160, 28240-28260, 28310-28340, 28380, 28589 (100%). Above 28589 Gold is BULLISH. stop Loss: 27700.







Down Move targets: 27740-27700, 27450-27400, 27220-27180, 26900-26700.
Down move Stop loss will be calculated after the trend reversal Confirmation.