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GOLD MEDIUM TERM VIEW


Resistance levels are areas where the supply exceeds demand, leading to a drop in price. Support levels are price zones where demand exceeds supply, causing a rally in price.
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Tarun Surana is Founder of Market Watch, holds CFP * CMT (USA), and is currently pursuing Masters in Technical Analysis. He has more than 9 yrs of experience in dealing with derivatives and global assets. He has worked for National Stock Exchange and brokerage houses in leading research positions before starting on his own in 2009. He is currently the Head of Research Covering all Major World Markets. His interest in charts and market patterns was an extension of his keen understanding of social mood and sentiment. How charts could say so much intrigued him. He is passionate about Technical Analysis and considers it an extremely valuable skill in current times.
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The information and views given by us is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion. All kind of trading involves high risk. Investments in futures involve high risks and in any condition you can lose a lot of money. One must be aware of the risks and be willing to accept them in order to invest in the futures markets. This is neither a solicitation nor an offer to buy or sell futures interests. The writers may or may not be having positions in Same.