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HIREN GARASONDIA–GOLD COMEX REVIEW–ARE U READY???–JOIN SEBI REGISTERED ANALYST

Gold: September 24 review

 

What next for Gold: Trade hopes or Global Fears

 

Gold futures, December contact traded $1531.00 range, down -0.03% at early European hours.

 

All Asian and European stocks traded positive due to hopes of US-China trade talk in next month. Dow 30 futures, traded +82 points, up 0.32% at early European sessions.

 

US treasury secretary Mnuchin confirmed that US-China trade talks will confirmed in next month. And it will be given direct negative signals for safe heaven demands and Japanese Yen.

 

Silver futures, December contract traded $18.808 range and reached almost two week’s high today (+5% up trend yesterday). And we will hope that profit booking in precious metals will come very soon.

 

For intraday and weekly strategy for Gold:

 

Entry Point – $1531.00-$1533.50 range

 

And keep R1 $1539.90

 

And wait S1 $1515.00

And wait S2 $1510.00

And wait S3 $1502.00

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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)

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