Yesterday was expected sooner or later. As the Gold broke another record of all time high to $1431 then fell down towards $1398 and today Asian Market opened @$1388. We need to buy our first attempt from $1364. Now we do not see any Euro Zone fear and we are expecting good favorable data of US. Today our buying is @$1383 and selling @ $1400 which is strong resistance.

Crude oil also followed Gold and after breaching $90 having high of $90.76 it also fell down to $88 and now hovering @$87.71 in Asian market. Today our buying is @ $86 and selling @$ 88.50.

 

Syed Arif

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