Gold trading for 6 December 2010, Gold intraday trading tips, Long (Buy) positions in Gold above 1401 with targets as 1411 and 1419. Stoploss should be placed around 1395 level. Why to go Long: Gold is trading strongly above its intraday resistance of 1400. Gold look bullish now, as bulls are entering market. Trend for the short term is Consolidation and for medium term its still bullish. ... [Continue Reading]
Gold (Spot) Trading Tips for 3 December 2010, Buy above 1384
Gold trading for 3 December 2010, Gold intraday trading tips, Long (Buy) positions in Gold above 1384 with targets as 1397 and 1407. Stoploss should be placed around 1378 level. Why to go Long: Gold is trading strongly above its intraday support of 1380. Gold look bullish, with bulls entering market. Short term trend will be consolidation and for medium term it is still bullish. ... [Continue Reading]
Gold (Spot) Intraday Trading Analysis for 2 December 2010, Buy above 1383
Our recommendation for 2 December 2010, Gold intraday trading analysis, Long (Buy) positions in Gold above 1383 with targets as 1396 and 1404. Stoploss must be placed at 1377 level. Why to go Long: Gold is trading strongly above its intraday support of 1378. Gold look bullish, with bulls entering market. Trend for the short term is Consolidation and for medium term its still bullish. ... [Continue Reading]
Gold (Spot) Intraday Trading Analysis for 1 December 2010, Buy at 1381
Our recommendation for 1 December 2010, Gold intraday trading analysis, Long (Buy) positions in Gold above 1381 with targets as 1394 and 1405. Stoploss must be placed at 1375 level. Why to go Long: Gold has managed to break above 1377 level which is a positive breakout, Gold now seems to touch 1405 level. We are now highly bullish on gold. Trend for the short term is Consolidation and for medium ... [Continue Reading]
Gold (Spot) Intraday Trading Analysis for 30 Nov 2010, Sell Below 1377
Our recommendation for 30 November 2010, Gold intraday trading analysis, Short (Sell) positions in Gold below 1377 with 1367 & 1357 as intraday targets. Stoploss must be placed right near 1383 level. Why to go Short: The price has struck against its resistance near 1378 level and a bearish flag pattern is taking shape calling for further downside. Trend: Short term: Consolidation; Medium ... [Continue Reading]