GOLD COMEX DEC 2015 SETTLED ON FRIDAY $ 1095.10
Since the gold broke our major support level 1148 trade between a range 1075-1105. The recent low $ 1072.30 (1073.40 GCZ15) is the best support we found in near term and expecting a bull run for $ 35-50 in next 1-3 week.
But overall the yellow metal seems bearish mode for the year 2015 and I expecting a target between 1025-1040 before any permanent bull run.
I will be seller in the commodity at or near $ 1120 in next few days, week if I get for the minimum target of $ 1045.
Major support level can be good opportunity for a short term buyers ie 1075, 1055
And the same resistence level for sell 1098, 1117
catch me at my trading room for INTRA PLAYERS +91 819-3003-476
Or write me bestech30@gmail.com
Happy trading
Rahul Kumar
Bullion expert
HFBC
Since the gold broke our major support level 1148 trade between a range 1075-1105. The recent low $ 1072.30 (1073.40 GCZ15) is the best support we found in near term and expecting a bull run for $ 35-50 in next 1-3 week.
But overall the yellow metal seems bearish mode for the year 2015 and I expecting a target between 1025-1040 before any permanent bull run.
I will be seller in the commodity at or near $ 1120 in next few days, week if I get for the minimum target of $ 1045.
Major support level can be good opportunity for a short term buyers ie 1075, 1055
And the same resistence level for sell 1098, 1117
catch me at my trading room for INTRA PLAYERS +91 819-3003-476
Or write me bestech30@gmail.com
Happy trading
Rahul Kumar
Bullion expert
HFBC