Gold intraday trading / technical analysis for 21 June 2011, we recommend to trade long in Gold above 1540 level for targets as 1548 and 1554. A protective stop loss order should be placed below 1537 level. Why to buy Gold : Gold was consolidating in the small range and we were sure of a breakout. Gold is supported by the rising trend line and we see gold will further move in this direction. So ... [Continue Reading]
Bullion: Gold (Spot) Intraday Trading Analysis for 16 June 2011, Buy above 1522
Gold intraday trading analysis for 16 June 2011, we recommend to trade long in Gold above 1522 level for targets as 1533 and 1544. A protective stop loss order should be placed below 1518 level. Reason to trade long on Gold : In the last few sessions Gold was consolidating in the small range and we are sure a breakout will be followed soon. we believe it is ready for the up move. So we see that ... [Continue Reading]
Gold (Spot) Trading Analysis for 9 June 2011, Buy above 1532
Gold intraday trading analysis for 9 June 2011, we recommend to trade long in Gold above 1532 level for targets as 1538 and 1546. Stop loss must be placed below 1529 level. Reason to trade long on Gold : Gold has resumed its long term up trend after trading above the 1526 support zone. we believe it is ready for the up move. So we see that gold will continue its long term trend as the technical ... [Continue Reading]
Bullion: Gold (Spot) Trading Analysis for 1 June 2011, Buy above 1531
Gold intraday trading analysis for 1 June 2011, we recommend to trade long in Gold above 1531 level for targets as 1535 and 1539. Stop loss must be placed below 1528 level. Reason to trade long on Gold : Gold has resumed its long term up trend after trading above the 1525 support zone. we believe it is ready for the up move. So we see that gold will continue its long term trend as the technical ... [Continue Reading]
Gold (Spot) Trading Analysis for 25 May 2011, Buy above 1524
Gold intraday trading analysis for 25 May 2011, we advice intraday traders to enter long position in Gold above 1524 level for targets as 1530 and 1535. Also a protective stop loss should be placed below 1521 level. Reason to trade long on Gold : Gold has bounced from its short term corrective cycle, we believe it is ready for the up move. So we see that gold will continue its long term trend as ... [Continue Reading]
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