Gold spot intraday trading for 25 February 2011, Gold intraday trading tips, Long (Buy) Gold above 1403 with keeping targets as 1408 and 1415. Stop loss should be placed below 1399 level. Why to go Long on Gold : Gold witness some profit booking near 1416 level and now it is again trending with upward momentum. So this seems to be a good buying opportunity. RSI is rebounding and is well directed. ... [Continue Reading]
Gold (Spot) Trading Analysis for 23 February 2011, Buy Above 1399
Gold spot intraday trading for 23 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1399 with targets as 1405 and 1412. Stop loss should be placed below 1395 level. Why to go Long on Gold : A strong breakout (21 February 2011) above 1383 level is a positive sign for the uptrend, also gold is supported by the rising trend line. However, RSI is well directed and is ... [Continue Reading]
Gold (Spot) Trading Analysis for 22 February 2011, Buy Above 1395
Gold spot intraday trading for 22 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1395 with targets as 1401 and 1407. Stop loss should be placed below 1392 level. Why to go Long on Gold : A strong breakout above 1383 level is a positive sign for the uptrend, also gold is supported by the rising trend line. However, RSI is well directed and is supporting the ... [Continue Reading]
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 to go Long on Gold : Gold has shown a strong breakout above 1383 level which is a positive sign for the trend, also gold is supported by the rising trend line. However, RSI is also supporting the ... [Continue Reading]
Gold (Spot) Trading Analysis for 18 February 2011, Buy Above 1377
Gold spot intraday trading for 18 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1377 with targets as 1385 and 1388. Stop loss should be placed near 1374 level. Why to go Long on Gold : Gold is on positive move and is still supported by rising trend line. However, RSI is also supporting the upside. Trend is more likely to be bullish for today's trading. Short ... [Continue Reading]
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