GOLD FUTURE WEEKLY OUTLOOK
Gold staged a breakout move last week and closed at 21412.
For the week ahead, Gold will have supports at 21350, 21250 and 21180.
Reversal from support level will take gold to 21500 and 21650.
Only a break below 20950 will weaken gold's surge.
In such a case, gold will crack to 20500 and 20000 in coming weeks.
21850 is the fibonacci confluence level for gold and next possible target.
NEXT: Nifty future weekly outlook
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss
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