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02/09/2016
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Dont sell gold .......
Sell gold 25027 to 25130 sl 25230 above trgt 24808 24608 24408
Just have a eye on $ 1278 level ,Now Decisive Crossover and stays above for 30 minutes or more and then Keep a stop of 1268-1266 level.
We see Rally upto 1291-1295 level.
ALERT-Gold Spot ,Now at $ 1274 .Watch 1278 level closely.Above this level if sustains ,next tgt 1291-1295 level.
Above is Daily Chart of USDINR-SPOT ,Now at 59.69 level.
Just watch 59.88 level very closely.
Decisive Crossover and stays above + Closes above this level will take to 60.4425—–60.62 level not ruled out.
Falling Trendline —Hurdle at 59.95 area
6:00pm CAD NHPI m/m 0.3% 0.1%
CAD Capacity Utilization Rate 82.3% 81.7%
USD Core Retail Sales m/m 0.2% 0.0%
USD Retail Sales m/m 0.3% -0.4%
USD Unemployment Claims 334K 323K
USD Import Prices m/m 0.6% 0.1%
7:30pm USD Business Inventories m/m 0.4% 0.5%
USD Fed Gov Nomination Hearings
8:00pm USD Natural Gas Storage -199B -152B
10:31pm USD 30-y Bond Auction 3.69|2.3
11:30pm USD Federal Budget Balance -223.2B -10.4B
profit.........90000 rs
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