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WEEKLY AND MONTHLY TREND OF GOLD FOR THE MONTH OF OCT 2012

GOLD SETTLE $ 1773.90

A very good September closing just above our predication $ 1770.  As you remeber we bought gold in last month closing (08/31) $ 1692 and cover our longs at $ 1766.  Now the September clsoing produce same sitituation in the market.......  so I recommend only buying at these level.

GOLD

Our target for the month of October is $ 1840 and $ 1874

Our weekly tgt for the week starting 10/01 is $ 1796- $ 1807

Entry level for the Month of October

1. Ist entry at the level  of $ 1765

2. IInd entry at the level of $ 1753

SILVER

Our monthly tgt for Silver is $ 38.60

Our weekly tgt for Silver $ 35.60 & $ 36.32

ENTRY LEVEL

1.  Ist entry $ 34.30

2. IInd entry $ 33.44

Special Notes : Traders are request that buy only as per their capicity only better to go for physical metals.

TRADE LEVEL FOR WEEK STARTING 10/01

RESISTENCE #2............................. $ 1796
RESISTENCE #1..............................$ 1784
PIVOT..............................................$ 1775
SUPPORT #1...................................$ 1765
SUPPORT #2...................................$ 1756


Happy trading

Rahul Kumar
Gold Specialist

Contact :+91 895-8173-410

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