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In1978 sensex @100 after 10years in 1988 100*6 sensex @600 in 1998 600*6 sensex@3600 in 2008 3600*6 sensex@21600 then in 2018 sensex 129600......
A Comprehensive Technical Analysis Programmes aimed to make you a Profitable Trader and achieve 100% return per annum on your Investment IN MCX & STOCK MARKET SPECIALLY IN GOLD MARKET


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Disclaimer

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2010-11-13

Gold Weekly Chart XAU/USD






Gold Weekly Chart

Last week market moves from 1389 and it reached high 1423$ afer tht gold fell upto 1368$

Short term
Shooting star formation In weekly chart the market will fall upto 1318 (38.2 retracement of 1155 to 1425 $ Strong Support in Weekly & Daily Chart) levels after tht some bounce will be there upto 1345 once it breaks 1318$ levels next target will be 1260(61.8 retracement of 1155 to 1425 $ Trend line Support in Weekly & Daily Chart & 200 moving average in daily Chart)

Strong Recommendation( Gold XAU/USD)

Sell @ 1370 Stp @ 1400 tgt 1318 and 1260

MCX Gold Players (Dec)

Sell MCX Decmebr GOLD between 20150 TO 20200 with strict stop-loss above 20490 Targeting initially 19800 and then 19400

Long term players & Physical buyers wait for 1260$ good buying level after tht market will move 1500$ in jan2011
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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.