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Wednesday, December 5, 2012

MCX - COMEX - NYMEX GOLD UPDATE : 05 DEC 2012



MCX - COMEX - NYMEX GOLD TREND IS STRONG BEARISH ,, BUT AS PER DAILY OUT LOOK IT MAY TRY TO POP A PATTERN AS A BOUNCE BACK ...BUT IT WOULD BE A FALSE PATERN ,,,WE ARE NGOING HAY WAY DOWN 

NYMEX GOLD 1ST TGT IS @ 1684 AND A CRACK BELOW 1676 NEXT HALT IS @ 1648 ; TRADERS WITH RISK APPETITE WHO ARE SHORT IN GOLD FROM 1731.65 LEVELS CAN BOOK PARTIAL @ 1684 AND HOLD REMAINING POSITIONA FOR TGT 1648

LTP - 1704
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