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Xau/Usd : 03/06/2015 Technical Analysis Report

3rd June 2015 CFX Admin

Our Preference: Buy above 1190 Levels for the target 1198 with tight stoploss below 1178.
 Alternative Scenario: Nill 
 
Technical Commentary :- In weekly Chart and In Daily Chart,:- Gold was trading in the triangle pattern now its was trading near lower trend line.
In 4 hour and In 1 hour Chart  :- Gold was trading in the triangle pattern , if it breaks lower trend line means we except next major support level of 1180 :- which we have shown in attached image.


Technical Commentary :- In weekly Chart and In Daily Chart,:- Gold was trading in the triangle pattern now its was trading near lower trend line.



Technical Commentary :- In weekly Chart and In Daily Chart,:- Gold was trading in the triangle pattern now its was trading near lower trend line.



In 4 hour and In 1 hour Chart :- Gold was trading in the triangle pattern , if it breaks lower trend line means we except next major support level of 1180 :- which we have shown in attached image.



In 4 hour and In 1 hour Chart :- Gold was trading in the triangle pattern , if it breaks lower trend line means we except next major support level of 1180 :- which we have shown in attached image.



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