Sunday, December 14, 2008

Gold - Distribution to Continue Dec 15-19

Gold on a larger scale range shows very high volatility. So it easily gets unstable and the chart pattern is not clear. Hence we will count this as corrective.

With stoploss 13,029 buy above 13,067.25. Next week up target is 13,130>> 13,230 >>>13,293.

With stoploss 13,067 short below 13,028.75 with stoploss 12,966>>12,866>>>12,803.

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