Gold intraday trading level analysis for 1 July 2011, we recommend to trade short in Gold below 1507 level for targets as 1500 and 1496. A protective stop loss order should be placed above the 1509 level. Why to trade short on Gold : Looking at the charts we see that the price action has broken below the bullish channel lower boundary, So we see further consolidation before any up move from here. ... [Continue Reading]

Gold has become the favorite investment of the people over the time and this becomes difficult for traders to enter the buy/sell trade so we are here with our daily articles on gold trading. Gold intraday trading analysis for 30 June 2011, we recommend to trade long in Gold above 1504 level for targets as 1511 and 1515. A protective stop loss order should be placed under the 1500 level. Why to ... [Continue Reading]

Gold intraday trading / technical analysis for 21 June 2011, we recommend to trade long in Gold above 1540 level for targets as 1548 and 1554. A protective stop loss order should be placed below 1537 level. Why to buy Gold : Gold was consolidating in the small range and we were sure of a breakout. Gold is supported by the rising trend line and we see gold will further move in this direction. So ... [Continue Reading]