MARKET OUTLOOK for GOLD/TRADE CALL

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Risk Events

UK retail sales

Summary

US stock market fell last night. Traders are advised to watch stock markets for flight to safe haven in this uncertain times

Usd may weakened further against safe havens if the stock markets fell further.

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GOLD(1422.60)

Recommendation : 1418/1435(upside bias)

Resistance : 1428 / 1438/1450

Support : 1418 / 1410/1400

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No Trade call

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Disclaimer : Any data and information provided is for the sole purpose of assisting traders to make independent investment decisions and is not intended for trading purposes or advice. Goldfx Investment Co Ltd will not accept liability for any loss or damage

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