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Crucial Level: 25500
Now intraday traders must be thinking why crucial level to gold last closing rate between 409 point different? Because the gold sellers are too many but buyers are silent and waiting for exact entry level and that exact entry level for buyer is 25500 (for this week).
Selling gold is safe until it break 25350 levels because the gold will hit 24850-24678 below levels soon.
Once gold will break, 25500 then do you know what gonna happen?
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You may buy crude palm oil continue up to 400 level. It will take a U-turn from this level and hit 391-388 below level.
And if it will hold for 1-2 hour above 403 levels, then we’ll see 412-418 levels.
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