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US Dollar to Ease – Gold to Gain – Oct 17

October 17, 2013

GMT 2:48 – GOLD @ $ 1280 = There is a minor possibility that yesterday gold may have seen this weeks low and may hold above $ 1267 levels. I see support around $ 1274 to hold for a move and break of $ 1289 levels for more gains for a possible test of $ 1295-97 zones. Break of support level risks for a fall towards $ 1255.

GMT 3:07 – EURO @ 1.3547 = Support 1.3502 should hold, as Euro is likely to make gains towards 1.3585-95 zones and only clear break will encourage for 1.3640. Or else 1.3470-80.
GMT 3:17 – GBP @ 1.5977 = Cable is buy on dip, as strong support is at 1.5920-30. Looking for a test and break of 1.6020-30 for 1.6050. Or else 1.5880.
GMT 3:23 – JPY @ 98.62 = JPY looks weak and may not have enough strength beyond 98.35-45. Expecting a move towards 98.98-05, break will encourage for 99.40. Or else 98.15.
GMT 3:26 – AUD @ 0.9541 = Aussie is a buy around 0.9510-20 for 0.9570 or else 0.9480-90 before up again.

Twitter @asadcmka

Today signal given to Subscribers until 8 GMT….

5:34 AM   GOLD @ $ 1376 = Buy the lows around $ 1274-76 Stops $ 1269
 7:43 AM  today will guide us buy gold around 74 hold right sir
 7:52 AM   EURO @ 1.3520 = Book your profit around 1.3520-25…..Cheers.
7:54 AM    GBP @ 1.6042 = Book your profit ariound 1.6042-48….Cheers
 7:58 AM   AUD @ 0.9591 = Book yor profit around 0.9591-97..cheers
7:59 AM    what about Gold now ..will it target 1320
 8:00 AM   GOLD @ $ 1315 = Book your $ 40 profit in gold around $ 1315-20-.Cheers
 8:01 AM    hit 1320
 8:01 AM     Today, I have given Eid money to all Enjoy…………………………….
 8:02 AM    Take profit and wait my next post, if I have time……………..
8:05 AM     GOLD @ $ 1308 = Sould bounce back from $ 1305 Stops if $ 1298 breaks…………..
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