Gold Update :- Breaking News : COMEX Gold Short Position at all time High.Short positions in gold have risen 25% in the last 3 weeks.
Gold Closed yesterday at 1386.57 USD, Gold having major resistance at 1405/1415 USD if it crosses and stays above then again i can see upward direction up to 1445-1455-1465-1485 USD levels.Gold having crucial resistance at 1490/1495 USD level.
Also metal having major support at 1334/1321 USD if it breaks and stays or closes below then a Huge Downfall will be seen in the Yellow Metals.
Below 1334/1321, my Ultimat target for Gold will 1249.50/1156.85 USD Levels.
Gold Closed yesterday at 1386.57 USD, Gold having major resistance at 1405/1415 USD if it crosses and stays above then again i can see upward direction up to 1445-1455-1465-1485 USD levels.Gold having crucial resistance at 1490/1495 USD level.
Also metal having major support at 1334/1321 USD if it breaks and stays or closes below then a Huge Downfall will be seen in the Yellow Metals.
Below 1334/1321, my Ultimat target for Gold will 1249.50/1156.85 USD Levels.
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