In above chart, I’ve highlighted the trading range with blue and red HSR (horizontal support and resistance) lines. Your one mistake can give you huge loss. Read carefully below levels and make your every trade perfect!
Where are the stops? For MCX traders Buy stops: 27,244 Sell stops: 26,456
For Comex traders Buy stops: $1488 Stop sell: $1448
Note: once gold close above 27,244 level then targets will be over 27,608-27,838 and if close below 26,456 then targets will over 25,958-25,670.
If you have any question or problem, don’t hesitate to let me know. Send me an email to [email protected]. To know about commodity package, please click here.
Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.
