Gold spot intraday trading for 10 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1354 with targets as 1359 and 1363. Stop loss should be placed near 1350 level. Why to go Long on Gold : Gold is on positive move and is still supported by rising trend line. However, RSI calls for caution, as a trader be extremely cautious while trading gold today. Trend is likely ... [Continue Reading]
Gold (Spot) Trading Analysis for 8 February 2011, Buy Above 1347
Gold spot intraday trading for 8 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1347 with targets as 1355 and 1359. Stop loss should be placed near 1344 level. Why to go Long on Gold : Gold is on positive move and is supported by rising trend line. RSI is also well directed and hence supports the uptrend. So gold should witness more buying, hence we advice be ... [Continue Reading]
Gold (Spot) Trading Analysis for 7 February 2011, Buy Above 1343
Gold spot intraday trading for 7 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1343 with targets as 1348 and 1353. Stop loss should be placed near 1339 level. Why to go Long on Gold: Gold has given a positive breakout above 1342 level and was trading higher, this seems that gold has found its short term support as these levels. Gold is posting a rebound and ... [Continue Reading]
Gold (Spot) Trading Analysis for 4 February 2011, Buy Above 1341
Gold spot intraday trading for 4 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1341 with targets as 1347 and 1352. Stop loss should be placed near 1338 level. Why to go Long on Gold : Gold has given a positive breakout above 1342 level and was trading higher, this seems that gold has found its short term support as these levels. Gold is posting a rebound and ... [Continue Reading]
Gold (Spot) Trading Analysis for 1 February 2011, Buy Above 1328
Gold spot intraday trading for 1 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1329 with targets as 1339 and 1344. Stop loss should be placed near 1325 level. Why to go Long on Gold : Gold was trading higher seems that gold has found its support as the price is posting a rebound and should strengthen to reach its nearest resistance near 1345, the RSI indicator ... [Continue Reading]
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