Gold has very good support at $990 and $980, will only turn bearish short term if close below 965. It has resistence around $1005 and if GOLD taking support between $990-970 area and closing back above $1005 next week chances are bright for our channel target $1245.
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Commodity Daily
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Note- Members express their own view & may be or may not be having investment or speculative positions in the commodity, please do not take it as buy or sell call, pl use own judgments for buying or selling, after having discussion with your certified investment brokers or the person to whom u have good level of confidence. once sentiment is changed from good to bad no good news work but bad news do work, investors must keep this in mind.
NEW INVESTORS SHOULD BE VERY CAREFUL.
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