GOLD (June)Trend is BearishSell on rise...Trend: Last week strong volatility and made a low 26586 after made a high 27234 and continue pressure at higher level. In this week consider resistance 27300-27500 range and support 26500 watch out. 500-600 points move in this week. Ultimate target 25000+.Strategy: Buy around... with stop loss... (100-120 points) target 500 points. Sell around... with stop loss... (125 points) target 400 points...Intra day gained 400 points.Today: Out Positional Sell call below 27000 and yesterday made a low 26188 almost gained 700 points in few trading sessions. Now today resistance 26500-26600 range and support 26000 below more panic cannot be ruled out.Comex: Below 1500 down side target 1205.
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