COMEX GOLD TRADING LEVELS FOR 18-05-15

GOLDCOMEXCHART

COMEX GOLD LAST CLOSE:1223

Comex gold cross and close above 200MA 1220.69 , good for bulls , now strong support at 1219.80 break can further slide to 1210.40 , suppose breaks 1210.40 then will find ROCK BOTTOM SUPPORT AT 1204.60 ,BUY BUY BUY on dip, it will face minor hurdle around 1226 crossover can further rise up to 1229.20 , above 1229.20 if trades for 15 minutes than can face strong resistance around 1235 , EXIT ALL LONG POSITIONS AROUND 1235

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About ASHISH JAIN

13 years experience in MCX , NSE & COMEX
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