Tuesday 1 July 2014

SPOT Gold View 01-July-2014

As per my Daily Chart Analysis,


Long Term View:
Supports: 1239, 1179.
Up Side Targets: 1380-90, 1440-1445, 1500-1520, 1570-1590.


Short Term View:
Support is at 1239.
UpSide Targets: 1348, 1359, 1368, 1387.




Intraday:
Now I expect a tracement. Retracement levels are: 1327, 1323, 1321 - 1319.
Support is at 1309, 1305.

Buy on dips is adviced. Buy between 1319-1323.
For All buys Strict SL 1305/1300.