If Gold supported by 1168/1159/1142/1131, we can expect big upside correction.
CMP 1179
Resistances: 1224/1308.
Upside targets: 1181, 1186, 1191, 1194, [1199], 1205, 1207, 1212, [1216], 1224, 1244, 1258.
Risk takers can buy with SL 1168/1159.
Positional View will be updated on Sunday. Until then this view is valid. But have little confusion. If anybody in this trade have STRICT SL 1168.
23-Mar-2015: Same view still is in place.
PRESENT CHART
Ultimate targets 1199, 1216 done from 1179.10.
CMP 1179
Resistances: 1224/1308.
Upside targets: 1181, 1186, 1191, 1194, [1199], 1205, 1207, 1212, [1216], 1224, 1244, 1258.
Risk takers can buy with SL 1168/1159.
Positional View will be updated on Sunday. Until then this view is valid. But have little confusion. If anybody in this trade have STRICT SL 1168.
23-Mar-2015: Same view still is in place.
PRESENT CHART
Ultimate targets 1199, 1216 done from 1179.10.