GOLD :COMEX-MCX :Update
06 December 2009
Just see on 26th November ..What I had written about GOLD ..Click here
Last week after hitting new high of $ 1227 it crashed.On Friday made low of $ 1147 & closed at 1169 level.
Now ,What to expect ?
-Break and close below $1165 level for 3 consecutive days will take to $ 1127-1115 in panic.
-Hurdle exist at $1172,Crossover will take to 1187-1192.
101% on Rise ,EXIT !!
Last week after making high of 18294 it crashed to kiss low of 17499.
Now ,What to expect in short term ?
-Hurdle at 17698-17748-17897-17947-18096-18146
Support at 17520-17456.Now break and close below 17456 will take to 17262-17198 level.
-Don’t jump and Buy ,On RISE SELL SELL SELL !!!
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Updated at 11:12/7th Dec/Baroda
Tags: Anirudh Sethi, Baroda, COMEX, GOLD, india, mcx, Update
December 6th, 2009 at 8:56 pm
Dear Anirudh Sir,
Pls give one more update ur view on Natural Gas Pls.
Thanks.
Rohit
December 7th, 2009 at 6:26 am
18129 – 17313 Range ; Sell on Rise and accordingly buy to be averaged to 17313. ..!!!
December 10th, 2009 at 8:28 am
[...] 6th December ,I had written about Gold…Just click here and see the power of chart.From 1227 it crashed to 1117 level in COMEXNow ,What to expect ?Just [...]
December 14th, 2009 at 2:03 pm
[...] 6th December ,I had written about GOLDJust click here and see the power of chartFrom 18294 it crashed to kis 16883 level.Now What to expect ?Just have a eye on 17236-17324 [...]
December 14th, 2009 at 3:04 pm
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