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Showing posts with label Weekly Report on 9 may. Show all posts
Showing posts with label Weekly Report on 9 may. Show all posts

Saturday, May 7, 2011

MCX Hot Commodities (Silver ,Gild) Weekly Technical report 9 May To 14 may 2011

Market Overview Gold
COMEX Gold is in an upward phase. Last week COMEX Gold does not sustain on higher level and closed near to its week low. In the coming week 1460$ will act as a major support in COMEX Gold, if COMEX Gold sustains above 1460 $ an ounce then above 1505 $ an ounce it can touch the level of 1525$ an ounce and if COMEX Gold sustains below 1460$ then it can slightly correct and test the level of 1440$ an ounce.
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