Thursday, March 10, 2011

gold

GOLD




Today because of the weekly jobless claim report of the us huge volatility is expected in the Gold. So my view on the gold is bullish as it is trading near its support of 1420. So i think that gold will take a support from this level and the prices can increase for an upside target of 1435-1450.

Gold can be bought near 1420 level....with stop loss around 1410.


Buy Gold around 1420 SL Below 1410 Tgt 1435-1450

Time Frame 1-3 Days.

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