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Gold (Spot) Trading Analysis for 28 December 2010, Buy Above 1392

By Bhaveek Patel Leave a Comment

Gold spot intraday trading for 28 December 2010, Gold intraday trading tips, Long (Buy) positions in Gold above 1392 with targets as 1399 and 1405. Stoploss should be placed around 1386 level.

Why to go Long on Gold : Gold was consolidating near 1385 to 1369, but a breakout of 1391 is a positive breakout and gold will not try to touch 1405 levels. We have a bullish outlook for gold today.

Short term and medium term trend for Gold is now bullish.

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  1. Gold (Spot) Intraday Trading Analysis for 1 December 2010, Buy at 1381 Our recommendation for 1 December 2010, Gold intraday trading analysis, Long (Buy) positions in Gold above 1381 with targets as 1394 and 1405. Stoploss must be placed at 1375 level. Why to go Long: Gold...
  2. Gold (Spot) Trading Analysis for 21 February 2011, Buy Above 1392 Gold spot intraday trading for 21 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1392 with targets as 1400 and 1405. Stop loss should be placed below 1390 level. Why...
  3. 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...
  4. Gold (Spot) Trading Analysis for 17 December 2010, Sell below 1385 Gold spot intraday trading for 17 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1385 with targets as 1365 and 1356. Stoploss should be placed around 1394 level. Why to go...
  5. 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...

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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