Gold intraday trading analysis for 18 March 2011, we recommend to trade long in Gold above 1412 level with targets as 1421 and 1424. Stop loss should be placed below 1408 level. Reason to trade long on Gold : Strong buying is supporting this yellow metal, on news such as libya and souring crude oil prices. So at current level gold seems to be attractive, hence its a good buying opportunity. Daily ... [Continue Reading]

Gold intraday trading analysis for 14 March 2011, we recommend to trade long in Gold above 1426 level with targets as 1435 and 1439. Stop loss should be placed below 1422 level. Reason to trade long on Gold : Strong buying by gold ETF is supporting this yellow metal. So at current level gold seems to be attractive, hence its a good buying opportunity. Daily technical indicators like RSI is shows ... [Continue Reading]

Gold intraday trading analysis for 11 March 2011, we recommend to trade short in Gold below 1412 level with targets as 1406 and 1402. Stop loss should be placed above 1416 level. Reason to trade short on Gold : Strong selling buy gold ETF is supporting this profit booking in yellow metal. So at current level gold seems to be overbought, hence a good selling opportunity. RSI shows bearish outlook. ... [Continue Reading]

Gold intraday trading analysis for 9 March 2011, we recommend to trade long in Gold above 1434 level with targets as 1441 and 1445. Stop loss should be placed below 1430 level. Reason to trade Long on Gold : Strong buying is supporting gold and we are seeing a series of higher high and lower low, confirming strong trending market. So at current level gold seems to be attractive, hence a good ... [Continue Reading]

Gold intraday trading analysis for 2 March 2011, we recommend to trade long in Gold above 1421 level with targets as 1427 and 1435. Stop loss should be placed below 1417 level. Reason to trade Long on Gold : Strong buying is supporting gold and we are seeing a series of higher high and lower low, confirming strong trending market. So at current level gold seems to be attractive, hence a good ... [Continue Reading]