ajithchand-bhandaari
Short

GOLD SHORT ::: RISK CALL :::

FX:XAUUSD   Gold / U.S. Dollar
GOLD             is expected to SINK.

There are many reason why we feel it may SINK

* HAMMER in WEEKLY Chart.
* To SINK and come near 1199 LEVELS
* Stoch RSI (3,3,14,Close) clearly states it maySINK.
* RSI (14,CLOSE) Is also of the same view.
* CCI (20,CLOSE) Is also the same
Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our Short call shall be from 1215 with a SL @:1230 Tgt01: 1207 Tgt02: 1199 Tgt03: 1187. We are expecting this to happen shortly. We expect a sharp bounce back by mid week 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.
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