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Gold Intraday Trading Analysis for 19 Nov 2010, Buy Above 1349

By Bhaveek Patel Leave a Comment

As per our analysis, Buy (Long) positions in GOLD above 1349 level with targets as 1361 & 1369. Stoploss must be placed below 1372.

Why to go Long: The price was on consolidation last week and we see RSI bullish, which signals further upside.
Trend: Short term: Consolidation; Medium Term: Bullish

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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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Category: Gold Tags: 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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