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Gold Analysis for 15 Nov 2010, Sell Below 1378

By Bhaveek Patel Leave a Comment

Gold for 15 November 2010

Our analysis on Gold for 15 November 2010, one can go SHORT in GOLD near 1378 with targets as 1351 & 1336. Don’t place stop loss, If it breaks above 1382, then go long with targets of 1397 & 1423 and exit short position.

Why to go Short: The price is on the downside, challenging the 20DMA (Days Moving Average).

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    1. Gold Trading Analysis for 16 Nov 2010, Sell below 1365 As per our analysis, SHORT positions in GOLD below 1366 levels with targets as 1351 & 1337. Stoploss must be placed above 1372. Why to go Short: The price is on the downside challenging the...
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    3. 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...
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    5. Gold (Spot) Trading Analysis for 21 January 2011, Sell Below 1354 Gold spot intraday trading for 21 January 2011, Gold intraday trading tips, Add Short (Sell) positions in Gold below 1354 with targets as 1342 and 1337. Stop loss should be placed near 1358 level. Why...

    Category: Gold Tags: gold/ Gold Analysis/ Gold Trading

    About Bhaveek Patel

    Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

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