Last week Gold open gap up but was not able sustain on upside & as result was not even able to close our TCL for one day also , so as result from tuesday its started it downside movement , Gold shorts was initiated below 28920 which made low of 28251 on friday did all 3 targets as per weekly trading levels
For comming week range of 28477 – 28085 will be very important for next trending move , break & close above any side can show move for next 500-700 points
Mcx Gold Trend Changing Level 28251
Gold Weekly Trading Levels
Buy Above 28340
Target – 28500 / 28700 / 29000
Sell Below 28160
Target – 28000 / 27800 / 27500
. Please note above mention levels are of Mcx Gold 05th April 2017 contract
. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss
NOTE : THESE ARE MY PERSONAL TRADING VIEWS , BEFORE TAKING TRADE KINDLY CONSULT YOUR TRADING ADVISOR & KINDLY SEE DISCLAIMER
