As market is keenly awaiting for US budget and in case of budget is passed market may attempt new highs but some conservative groups are trashing the deal and urging rejection although Technically it doesn't look like market can make new high in near term.
Yesterday gold rallied 2%, bouncing back from lows hit in early December and knocking out a three-week high as a drop in the U.S. dollar helped boost prices which helped our trade call to meet the target (.http://centuryfinance.blogspot.ae/2013/12/trade-for-today_9.html)..
Following are trade calls for today,
Yesterday gold rallied 2%, bouncing back from lows hit in early December and knocking out a three-week high as a drop in the U.S. dollar helped boost prices which helped our trade call to meet the target (.http://centuryfinance.blogspot.ae/2013/12/trade-for-today_9.html)..
Following are trade calls for today,
- Sell Chf/Jpy at 116.00 stop above 116.60 target 114.80
- Sell Nasdaq at 3516 stop above 3530 target 3485
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