DKCM GOLD

29/06/2013

Gold closed at $ 1232 per troy ounce for the week...likely to maintain between 1200-1325 level...edge support is at $ 1180 break of which can lead to a further fall to $ 1080...TGIF

21/02/2013

Gold riding at $ 1580...it can again touch $ 1560's on friday...

11/02/2013

Major support of gold sighted at $ 1636...

20/09/2012

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14/08/2012

Jashn e Azadi Mubarak :)

09/04/2012

GOLD:
RESISTANCE: $ 1636, $ 1641, $ 1649.
SUPPORT: $ 1622, $ 1614, $ 1609.
(LONG POSITIONS ABOVE $ 1630 WITH TARGETS $ 1649 A DOWNSIDE PE*******ON OF $ 1630 CAN CALL FOR $ 1622 AND $ 1609)

05/04/2012

GOLD:
RESISTANCE: $ 1638, $ 1662, $ 1674.
SUPPORT: $ 1612, $ 1602, $ 1580.
( SHORT POSITIONS BELOW $ 1630 WITH TARGETS $ 1613 AND $ 1602, A UPSIDE PE*******ON OF $ 1630 CAN CALL FOR $ 1638 AND $ 1662)

03/04/2012

GOLD:
RESISTANCE: $ 1676, $ 1688, $ 1709.
SUPPORT: $ 1667, $ 1655, $ 1646.
BUY ON DIPS. ( LONG POSITIONS ABOBE $ 1671 WITH TARGETS $ 1688 AND $ 1697, A DOWNSIDE PE*******ON OF $ 1671 CAN CALL FOR $ 1663 AND $ 1655)

02/04/2012

GOLD:
RESISTANCE LEVEL: $ 1676, $ 1680, $ 1687
SUPPORT LEVELS: $ 1664, $ 1657, $ 1646

15/03/2012

GOLD:
RESISTANCE LEVEL: $ 1672, $ 1701, $ 1720
SUPPORT LEVELS: $ 1632, $ 1624, $ 1609
( SELL GOLD BELOW $ 1652 WITH TARGET $ 1637 WITH A STOP LOSS OF 1662...BREAK ABOVE $ 1662 CAN CAN SET AN UPWARD TREND TILL $ 1682)

13/10/2011

Gold Trend! 13-10-2011
Technical:
Buy gold above $1669 next targets will $1692,$1709 and $1726. If gold breaks $1669 then selling is recommended and downside targets will $1652, $1633 and $1611.
Fundamental:
Gold prices held steady, as optimism for a solution to the euro zone crisis underpinned sentiment, while tight physical supply in Asia continued to lend support. Gold is likely to remain in range trade as investors are waiting for the G20 meeting this weekend in Paris, where finance ministers and central bank governors are expected to press Europe to find an urgent solution to its debt crisis.

12/10/2011

Gold Trend! 12-10-2011
Technical:
Buy gold above $1662 next targets will $1687,$1696 and $1726. If gold breaks $1652 then we may see selling pressure and downside targets will $1622, $1603and $1586.
Fundamental:
Gold traded flat on Wednesday, as investors waited for cues from further developments in the euro zone's debt crisis, and robust physical demand in Asia strengthen the sentiment. Slovakia's parliament voted against the expansion of the euro zone's rescue fund, but the move is unlikely to dampen confidence the euro zone will come up with solutions to its debt crisis. Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, stood at 1,227.994 tonnes by October 11, little changed from the end of September and down 4 percent so far this year, while spot gold prices rose 17 percent during the period.