GOLD TREND FOR JUNE 05th (TUE)

GOLD SETTLE $ 1613.90 LOWER $ 8.20

Today’s August Gold futures traded choppy $19.70 range as appeared traders
may have been motivated to take profits after Friday’s mammoth $57.90 rally.
My openion that gold can test $ 1656-$1670 till 20 Jun,
Istt strong resistence laying at $ 1637-39 .........I am  a aggressively
buyer at the level $ 1595-$ 1600 in this week.  As long as silver hold $ 28 I suggest 
keep long side view for tgt $ 29 and above that $ 30.23.........contact me for exact
level to trade ..........



TODAY LEVEL

RESISTANCE # 2………….$1638.00
RESISTANCE # 1………….$1626.00
PIVOT…………………..… $1618.00
SUPPORT # 1……………...$1606.00
SUPPORT # 2……………...$1598.00

MCX

RESISTANCE # 2………….INR 30195
RESISTANCE# 1….……….INR 30055
PIVOT………………..…… INR 29960
SUPPORT # 1……………...INR 29830
SUPPORT # 2……………...INR 29740


Happy Trading

Rahul Kumar
Gold Analysist
Head, Hansraj Stocks and Commodity Consualtant

Call me : 969-0022-884