Categorie: Commodities
Submitted 3 months ago by
Indiamcx
, Sr. Technical Analyst & Portfolio Manager (Commodities)
at IndiaMCX Advisory Services
H! Friends,Yesterday Whole Market Opened Lower Nodes Than It Bounce Sharply & B4 Comex Opening Again It Fallen Rapidly But Due 2 Technical Bounce & Short Covering Gold/Silver Rebound Sharply & Today Also They Both Eaten 1st Resistance. It May Be A Sign of Ending of "Bear Rally".If Gold "Break/Holds/Closed" Above $850 Than It Will Be An Perfect Reversal Confirmation & Must Be The Indication of Next "Bull-Rally" In Gold; Till Not Closed Above $850 Positional Traders Can Sell On Pull Back Rallies. Next "Multi-Level" Crash in Gold Only Below $765 Till Market Will Be Trade in A Band.Disclaimer: This Research Report is prepared for general information. Opinions & estimates contained herein are subject to change without notice. The data and information herein provided is believed to be reliable but IndiaMCX Advisory Services does not warrant for its accuracy or completeness. IndiaMCX Advisory Services or any of its employees are not liable for any action taken by any party based on the above information. This ma...
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Submitted 3 months ago by
Indiamcx
, Sr. Technical Analyst & Portfolio Manager (Commodities)
at IndiaMCX Advisory Services
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