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Thursday, January 2, 2014

Gold Update - Trading Levels & Strategy - 02 Jan 2014



    $GC_F $GLD $XAUUSD Daily Trend Bullish , Weekly Trend - Neutral , Monthly Trend - Bearish

    Gold Technical : Daily trend suggesting 1237 intact  - supported by weekly trend has inch of room for upside -however the monthly trend impact may push prices towards 1212 - 1207 before 1237

    Intraday $GC_F resistance @ 1218 breakout pivot 1224.80 above that it's 1237 else 1212 - 1207 $XAUUSD

    $GLD $GC_F $XAUUSD if clears 1238 & Sustains above the said level -  then 1168 only after 1562

    Now @ 1217.30
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