#Gold #Traders should know that - Break Out isn`t possible instantly - rather if the momentum is set after coiling then it will be easy for Break Out ..
#Comex - #Nymex Gold has coiled b/w 1211 - 1260 for quite some time - And the more its manipulated and keep it under pressure - Aggressive the Break out will be .
Though the Fed Saga is on 18th December - we are expecting the momentum to push Prices near 1288 - 1302 before the Breakout
For Now we have initiated a Buy 1228 for momentum target 1246 - 1258 with stops below 1218 while MCX Gold we expect to test 29700 levels before the big event 18th December
We call it Buy & term the trend Firm Bullish
V are Inn
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