28/05/2015

GOLD MCX

GOLD COMEX

Date and Time

28/MAY/2015

STOCK: GOLD MCX

Call: SHORT

CMP: 26877

Initiation Level:

26835

Book Profit (Level

1): 26700.

Book Profit (Level

2): 26500

Stop Loss: 27100

Conviction Level:

Moderate Risk.

Short term Trend:

Bearish.

Medium Term

Trend: Bearish.

For the Traders:

SELL

For Aggressive

Traders: SELL

Support: 26500-

26700

Resistance-27100-

27300

Duration: 4-5 Days

Recommendation:-

On basis of above

charts we are

recommending to

short gold MCX below

26835 for the Targets

of 26700 and 26500

with the Stop Loss of

27100.

GOLD MCX

SILVER COMEX

GOLD HOURLY CHART WITH WAVE COUNTING

Date and Time

28/MAY/2015

STOCK: SILVER MCX

Call: SHORT

CMP: 38409

Initiation Level:

BELOW 38324

Book Profit (Level

1): 38000

Book Profit (Level

2):37500

Stop Loss: 38750

Conviction Level:

Moderate Risk.

Reasoning: (Read

Technical

commentary).

Short term Trend:

Bearish.

Medium Term

Trend: Bearish.

For the Traders:

SELL

For Aggressive

Traders: SELL

Support 37500-

37800

Resistance-39000-

39500

Duration: 4-5 Days

Recommendation:-

On the basis of above we

are recommending short

silver below 38324 for

the target 37500 with a

strict Stop Loss of 38750.

SILVER MCX

SILVER MCX

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