Last week gold settled $ 1287.40
As I indicate last weekly update, The yellow market movement now days more concerning fundamentally news insted of technical just because of geopolitical de-esolation. Russia has now made a very significant move by sending more tanks and armed in Ukraine, EVIDENCE AND HINT ARE SOLIDIFYING THAT RUSSIA IS STANDING IN UKRAINE ALREADY..which seems a upside bias for yellow metal as a safe haven assets for near term.
From the Europe side, leaders now given Putin one week to pull back or they ready to commericial isolation of the Russia economy.
So with help of the swings and reaction shown by precious metals ( to all the geopolitical problems of this world) remain in long side bias with a safe haven buying continue in the metals.
MY LEVEL FOR GCZ14
R2 : $ 1306
R1 : $ 1294
P. : $ 1283
S1 : $ 1274
S2 : $ 1260
RECOMMENDATION :
Buy $ 1275-1272 (dip) with stop $1260
Or Buy closing above $ 1293 with stop order $ 1280 keeping target $ 1312 $ 1327
MCX LEVEL FOR DEC CONTRACT
R2 : 28285
R1 : 28060
P . : 27855
S1 : 27740
S2 : 27510
Recommendations:
Buy 27755 stop 27640 or buy above closing 28120 keep target 28260 28450
happy trading
Rahul Kumar
Bullion expert
HFBC
INTRADAY TRADE MAY BE DIFFER
USE STOP TO BE ALIVE FOR NEXT DAY NEXT OPPORTUNITY..
JOIN ME +91 8193003476 whatsaap for intraday trading
Write me bestech30@gmail.com
Follow me twitter@hfbc3476
As I indicate last weekly update, The yellow market movement now days more concerning fundamentally news insted of technical just because of geopolitical de-esolation. Russia has now made a very significant move by sending more tanks and armed in Ukraine, EVIDENCE AND HINT ARE SOLIDIFYING THAT RUSSIA IS STANDING IN UKRAINE ALREADY..which seems a upside bias for yellow metal as a safe haven assets for near term.
From the Europe side, leaders now given Putin one week to pull back or they ready to commericial isolation of the Russia economy.
So with help of the swings and reaction shown by precious metals ( to all the geopolitical problems of this world) remain in long side bias with a safe haven buying continue in the metals.
MY LEVEL FOR GCZ14
R2 : $ 1306
R1 : $ 1294
P. : $ 1283
S1 : $ 1274
S2 : $ 1260
RECOMMENDATION :
Buy $ 1275-1272 (dip) with stop $1260
Or Buy closing above $ 1293 with stop order $ 1280 keeping target $ 1312 $ 1327
MCX LEVEL FOR DEC CONTRACT
R2 : 28285
R1 : 28060
P . : 27855
S1 : 27740
S2 : 27510
Recommendations:
Buy 27755 stop 27640 or buy above closing 28120 keep target 28260 28450
happy trading
Rahul Kumar
Bullion expert
HFBC
INTRADAY TRADE MAY BE DIFFER
USE STOP TO BE ALIVE FOR NEXT DAY NEXT OPPORTUNITY..
JOIN ME +91 8193003476 whatsaap for intraday trading
Write me bestech30@gmail.com
Follow me twitter
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