Gold spot intraday trading for 5 January 2011, Gold intraday trading tips, Short (Sell) positions in Gold above 1390 with targets as 1382 and 1376. Stop loss should be placed around 1398 level. Why to go Short on Gold : Gold was trading higher but yesterday it broke the support level of 1400 and developed a bearish outlook for intraday. Short term trend is consolidation and medium term trend for ... [Continue Reading]
Gold (Spot) Trading Analysis for 28 December 2010, Buy Above 1392
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 ... [Continue Reading]
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 go Short: Gold is trading sluggish today also the price is capped by the declining trend line and facing strong resistance near 1388 levels, showing consolidation and hence should trade ... [Continue Reading]
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 Short: Gold is trading weak today also the price is capped by the declining trend line and facing strong resistance near 1389 levels, showing consolidation and hence should trade low to its new ... [Continue Reading]
Gold (Spot) Trading Analysis for 21 December 2010, Sell below 1390
Gold spot intraday trading for 21 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1390 with targets as 1379 and 1372. Stoploss should be placed around 1395 level. Why to go Short: Gold is trading weak today also the price is capped by the declining trend line, showing consolidation and hence should trade low to its new support near 1379 level today. It has also ... [Continue Reading]
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