Monday, January 16, 2012

Gold Outlook

Gold made a bullish move yesterday and traded around 1646 , currently trading at 1659 , signs show a uptrend , can face selling pressure at 1670 1680 , if it can trade above 1680 then and uptrend intact other will a fall can be seen .Physical Demand in Asia can be seen in the present month of Jan and Feb which could hold prices in the upper trend.Happy Trading

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