The 15 mins charts are mildly
positive and the target is $1813 with technicals at high-mid levels but not rising
quickly, might attract profit takers here. Its reaffirmed if pushed above $1794
by NY Open. To sway it to negativity needs firm selling to keep it below $1762
and the target switches to $1745.
The hourly charts are
positive and the target is $1835 with technicals at mid-high levels, so has
room to run higher if it desired but lacks volatility. Its revitalised if kept
above $1806 by London p.m. fix. To weigh on it and turn it negative needs it
sold and subdued below $1755 and the target is $1733.
Do watch the global markets for
your next clues.
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