Gold spot intraday trading for 20 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1388 with targets as 1368 and 1359. Stoploss should be placed around 1397 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 1368 level today. It has also ... [Continue Reading]

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 Short: Gold is trading weak today also the RSI reports weak momentum, we expect a pullback to its new support near 1384 level today. It has also been consolidating for last 8 sessions after ... [Continue Reading]

Gold spot intraday trading for 16 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1395 with targets as 1384 and 1377. Stoploss should be placed around 1401 level. Why to go Short: Gold is trading weak for last couple of sessions after touching its all time high last week, we expect a pullback to its support near 1384 level today. It has also been consolidating for ... [Continue Reading]

Gold trading for 13 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1399 with targets as 1388 and 1378. Stoploss should be placed around 1403 level. Why to go Short: Gold is trading weak for last couple of sessions after touching its all time high last week, we expect a pullback to its support near 1388 level. It has also broken below its bullish channel lower ... [Continue Reading]

Gold trading for 9 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1399 with targets as 1389 and 1386. Stoploss should be placed around 1405 level. Why to go Short: Gold is trading weak for last 2 sessions, we expect a pullback to its support near 1386 level. It has also broken below its bullish channel lower boundary on 30 minutes chart. We are now bearish for ... [Continue Reading]