Gold -Short situation.
Gold ,yesterday was volatile and played in both direction with high of 1068$ and Low of 1044.Close 1065.
$1070-75 range is resistance for gold.Short Gold in current position keeping Stop Loss of $1077.
Down side target is 1044,1025. May on monday and tuesday the gold can move up, But downside remains more. Or wait those who dont want to take risk, till tuesday noon,and then take the decision.
Gold ,yesterday was volatile and played in both direction with high of 1068$ and Low of 1044.Close 1065.
$1070-75 range is resistance for gold.Short Gold in current position keeping Stop Loss of $1077.
Down side target is 1044,1025. May on monday and tuesday the gold can move up, But downside remains more. Or wait those who dont want to take risk, till tuesday noon,and then take the decision.