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GET EXACT LEVEL FOR INTRADAY TRADING

GOLD TREND FOR THE WEEK STARTING 17 NOV 2014

GOLD COMEX SETTLED 1185.60 WITH A WEEKLY GAIN OF $ 14.50 after a six week down trend.

As per my last week prediction gold move exactly according to my analysis and by the grace of GOD me and my subscribers succeed to got $ 33 out of a complete rally of $ 50 (1150-1190).

Now my Ist projected target completly hited $ 1185 and obviously I m looking for my IInd target 1198-1205 untill or before 25 Nov 2014.  According to charts and patterns yellow metal seems to test $ 1198-1200 till the Tuesday and than consolidate between a range of 1175-1205 for 1-2 weeks.

Overall I m expect this year target for gold 1120 and looking for a selling opportunity after completion of my IInd projected target.

My levels for the week
R2 : 1211
R1 : 1198
P   : 1175
S1 : 1158
S2 : 1140
recommendation : Expecting this week full of intraday trading ...dont stuck any overnight position untill mkt not showing a sufficient closing.

Happy trading

Rahul Kumar
Bullion expert
HFBC
write me : bestech30@gmail.com
Vatsaap me : +91 819-3003-476

2 comments:

  1. I don't know how you do it, but yet another perfect prediction

    ReplyDelete
  2. Dear Allen, traders know each other...last trade price of the week and bid ask say somthing always..

    ReplyDelete