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Monday, February 25, 2013

NYMEX - GOLD - WEEKLY TREND & TRADING LEVELS - 25 FEB 2013

BEST BUY & SUPP @ 1579 ACTUAL RESIS & BEST SELL LEVEL @ 1594.30 A BREAK ABOVE 1609.60 UPSIDE TGT IS @ 1643.10/1658.20 HOWEVER A CRACK BELOW 1563.70 DOWNSIDE TGT IS @ 1530.40/1515.30

LTP - 1591.10

TREND : FIRM BEARISH

STRATEGY : SELL GOLD @ 1594 WITH A STOP ABVE 1612 FOR TGT 1530 - 1516
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