1 June 2015

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GOLD INTRADAY/POSITIONAL UPDATE

GOLD(AUGUST) CONTRACT IS TRADING AT 27060 AND LOOKING WEAK FOR NOW...GOLD ON DOWNSIDE HAVE GOOD SUPPORT AT 26650-26430 IF GOLD SUSTAINS THIS LEVEL WE CAN SEE 28300 IN GOLD IN COMING DAY'S
IN CASE GOLD BREAKS BELOW 26430 WITH VOLUMES WE CAN SEE 25780-25400 , 25400 IS ULTIMATE AND  MOST IMPORTANT SUPPORT FOR GOLD.

STRATEGY BUY GOLD ON DECLINES AS LONG AS IT HOLDS 26400
AND SELL ON HIGH'S BELOW 28300 

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