LONG TERM ANALYSIS OF GOLD 20-MAR-2015
CMP: 1170
Resistance: 1307.36/1223.20
Support: 1131.43
DOWN SIDE:
As per my Weekly Chart,
If Gold breaks 1131, I expect big fall.
Target Zone/Support Zone: 1033/679.
Below 1131, I expect to see [1119], 1082, [1036], 1004, 990, 920, 890, 802.
UP SIDE:
If Gold Supported by 1142/1131, and any break of 1307, I expect to see 1319, 1374, 1385, 1415, 1427, 1494, 1591, 1602.
But as per my view, Gold will break on the down side.
Just my view. TRADE AT YOUR RISK.
CMP: 1170
Resistance: 1307.36/1223.20
Support: 1131.43
DOWN SIDE:
As per my Weekly Chart,
If Gold breaks 1131, I expect big fall.
Target Zone/Support Zone: 1033/679.
Below 1131, I expect to see [1119], 1082, [1036], 1004, 990, 920, 890, 802.
UP SIDE:
If Gold Supported by 1142/1131, and any break of 1307, I expect to see 1319, 1374, 1385, 1415, 1427, 1494, 1591, 1602.
But as per my view, Gold will break on the down side.
Just my view. TRADE AT YOUR RISK.
