The reason why we feel GOLD may SINK.
* It may SINK and come near 1204 levels
* (3,3,14,Close) is SINKING.
* (14,CLOSE) is SINKING.
* (20,CLOSE) is SINKING.
Keeping all the above indicators in view along with the chart pattern we expect it to SINK. Our SELL call shall be from SELL BELOW : 1220.52, SL: 1225.09, TGT 01: 1209.06, TGT 02: 1204.00, TGT 03: 1188.43. The view expressed here is on weekly basis. [b]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.