ajithchand-bhandaari

GOLD may touch back 1113 levels in near future.

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold is expec ted to touch 1110 levels in near future.
January 2016 has seen huge see-saw movement as far as the levels are concerned. Gold got bought @ 1081.50 levels on 07 January 2016 and cleared our third target of 1113.03 on the very next day of 08 January 2016. As gold came bellow 1096 Sell call was triggered for a target of 1077.44 on 11 January 2016. By 14 January 2016 Gold clears the target of 1077.44 and makes a low of 1071.33.On 20 January 2016 Gold bounces back 1091.74. Now we expect Gold to touch again 1113.

Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
Trade closed: target reached:
Gold Cracked our expected target.
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