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weekly gold report update

weekly gold report update

weekly gold report update

Last week gold crashed beautifully and closed below 1230$ , now if gold spot price click our support of 1200$ and manage to close beneath our technical support level this week then expect another fresh heavy selling in gold upto 1180$ – 1160$ and even more .

If gold price click our technical resistance of 1265$ and manage to close above our technical resistance this week then expect a good news for all gold buyers and gold may rise upto 1290$ – 1320$ afterward .

Weekly Gold report conclusion : Gold is in weak territory , so do not buy and just keep an eye on daily gold forecast update for a trend change

 

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About mohdarafat

Well nothing special about me a simple guy technical analyst by profession deals in commodities and major stock markets in the world

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