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Gold (Spot) Intraday Trading Analysis for 30 Nov 2010, Sell Below 1377

By Bhaveek Patel Leave a Comment

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 Term: Bullish

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  1. Gold (Spot) Intraday Trading for 29 Nov 2010, Sell Below 1367 Our recommendation for 29 November 2010, Gold intraday trading, Short (Sell) positions in Gold below 1367 with 1357 & 1346 as intraday targets. Stoploss must be placed right near 1373 level. Why to go Short:...
  2. 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...
  3. Gold (Spot) Trading Analysis for 23 December 2010, Sell below 1386 Gold spot intraday trading for 23 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1386 with targets as 1377 and 1371. Stoploss should be placed around 1392 level. Why to go...
  4. Gold(Spot) Intraday Trading for 23 Nov 2010, Sell Below 1371 Our recommendation for gold intraday trading, Sell (Short) positions in GOLD below 1371 level with targets as 1353 & 1346. Stoploss must be placed above 1375. Why to go Short: The price was on consolidation...
  5. Gold (Spot) Trading Analysis for 27 December 2010, Sell below 1385 Gold spot intraday trading analysis for 27 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1385 with targets as 1376 and 1370. Stoploss should be placed around 1390 level. Why to...

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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