Gold again ready for a reversal

Gold and Silver made a low of 1328 and 19.95 in the previous trading session. Positional traders are advised to long Gold with S/L 1320 and Silver with S/L 19.80 for target 1355+ (Next target : ????) and 20.50 (Positional target: ABOVE 21.00 — ??.??).

Long US 10 Year Treasury Bonds with stop loss 1.55 an US 30 YR Treasury Bonds with stop loss 2.26.

Major hurdle for S&P500 SEPT FUT is 2162. With S/L of 2162, short S&P500 FUT for target 2125 and below. MCX traders can long GOLD with S/L 30800 and SILVER with S/L 46700.

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