Gold: Downside correction or big Fall? Feb 2020

10-Feb-2020

Break of 1569, we can see 1566, 1562, 1559, 1556... 

 

 

07-Feb-2020

CMP: 1566.31; Res: 1574/1594; Sup: 1547/1535
If Gold resisted by the above resistances, we can see 1522-1505.
Alternatively, if 1547 supports, Upside tgt 1595,1604, 1618.

Best sell entry: 1567-68, SL 1569.5/1574 max.

 03-Feb-2020 9:45 AM IST

CMP: 1579.86; Sup: 1577; Res; 1594
Above 1581, we can see 1582.8, 1584.8, 1586.5, 1588-1589.3...

03-Feb-2020

CMP: 1583.x; Res: 1594; Sup: 1535
If gold resisted by 1595, we can see down move towards 1580, 1572, 1565, 1558, 1552.
Break of 1535, can see 1520-1480.
Sellers best entry: 1587-1590, Max SL 1595.