PREVIOUS UPDATE --- https://nooreshtech.blogspot.com/2009/02/dow-jones-and-gold-charts.html
As expected Gold gave a good move to 975 levels after crossing 930. Should face resistance in this zone of 980-990. Profit booking advised for traders as well as people holding on to their ETFs, Bees etc.
Dow Jones :
After bouncing back from 7700-7750 once has broken the supports and is testing lows. Expect a dead bounce from 7400. The major support levels are placed around 6800-7200.
Best Regards,
Nooresh
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