Why levels are important ?
See Gold Hit 25012 and holding above last four hours......why it is not closing below 25012...?..
Normally traders will go short (without knowing the levels)emotionally...when there is sharp fall, when it touches the crucial level it will bounce back and hit all stoploss orders.
So..Level is so important to go short or long...
Today...don't try Gold for any more trades...let us see Gold on Monday..
The above levels are applicable only for today......Monday the levels may be different....this is caution for time pass viewers......
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