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Gold Feb - Short Term

Gold is possibly headed to 7790-7795 and 7755.

CMP 7811. Stop above 7821.

Gold might see momentary weakness. The overall trend remains bullish and there is a good possibility of a bounce from current levels to 7850 levels too. Short term charts remain bearish as long as the 7860 region are not taken out or suffficient time is consumed.

Falkor

Comments

  1. Falkor4 January 2006 at 22:42

    Trade went well with the collapse overnight.

    Falkor

    ReplyDelete

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