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HIREN GARASONDIA—COMEX—-GOLD REVIEW—-ARE U READY?-JOIN SEBI REGISTERED ANALYST…..

Gold: October 16 review

 

Gold prices traded flat to negative mode at early US hours after made a weekly low@1480.80 range yesterday.

 

Traders also keep an eye on latest update regarding trade war tensions between world’s two largest economies. They are not decided the tariff rate decision.

 

Dow 30 futures, traded -50 points, down -0.20% at early US hours.

 

US Dollar Index futures, December contract traded $98.015 range, down -0.02 at early hours and made a last 7days low@97.868 range today.

 

At this time of uncertainty between leading economies, traders always buy hedge funds like Gold, Silver, Yen and Swiss Franc.

 

By 7.30AM ET, Gold futures, December contract traded $1483.50 range, up +0.01%.

 

Before US open, make intraday long positions in Gold and Silver.

 

Entry point – $1483.50-$1481.00 range

 

And keep S1 $1472.00

 

And wait R1 $1502.90

And wait R2 $1507.50

And wait R3 $1514.00

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About hiren_garasondia

About me--HIREN DHANJIBHAI GARASONDIA, SEBI registered research analyst from India(8+ years of experience). I am posting regularly on many trading sites. About calls--Intraday and holding calls in commodities segment(Gold and Silver) and currency segment(EU, GU, UJ and DX). Our main strategy is to provide good accuracy level. Please work with strict SL for short term TGTS. Our main focus are on USD, Gold and Silver calls. Please thoroughly analyze our post before trade. We will make sure that you have landed up at the right place. For more information, +91-972-516-7675(WhatsApp)

NOTE : You are advised to take your position with your sense and judgment.The views and investment tips expressed by users on MCXStar.com are their own, and not that of the website or its management. MCXStar.com advises users to check with certified experts before taking any investment decisions. If any other company also giving same script and recommandation then we are not responsible for that. We have not any position in our given scripts. Visiting our web one should by agree to our terms and condition and disclaimer also. All credit goes to original authors of post on this website. Website owner is not responsible for any loss due to your own decision or judgement.This is only Mcx Free Tips for Commodity Market Education purpose for How to trade in Mcx Market only watch this mcx free tips we are not to say Make any trade in mcx market.Thanks for Visiting our Website.

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