As I have been intimating short on gold since jan ,my 1st tgt 28400 has been achieved today. People around the world are shifting from hard assets to paper assets as their stock markets have been at life time high and economy picture in US has improved. In India we stilm have governance problem so both the bullion n paper markets is seeing a set back. But technical suggest a support for nifty at 5400 after infy gave a set back to traders. I did mention in my post that 5400 was strong support for nifty while gold was going to slide down..now technically nxt tgt ia 27100 and than 25000/21000
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