Gold intraday trading analysis for 23 May 2011, we recommend to trade long in Gold above 1507 level for targets as 1513 and 1517. Stop loss must be placed below 1504 level. Why to trade long on Gold : Gold has been consolidating for may sessions, as this consolidation cannot be ruled out for longer period of time we expect the positive breakout targeting the 1513 zone, also the strong USD can be ... [Continue Reading]

Gold intraday trading analysis for 20 May 2011, we recommend to trade long in Gold above 1497 level for targets as 1503 and 1508. Stop loss must be placed below 1493 level. Why to trade long on Gold : Gold has been consolidating for may sessions, as this consolidation cannot be ruled out for longer period of time we expect the positive breakout targeting the 1510 zone,also the strong USD can be ... [Continue Reading]

Gold intraday trading analysis for 17 May 2011, we recommend to trade short in Gold below 1492 level with targets as 1485 and 1478. Stop loss should be placed above 1497 level. Why to trade short on Gold : Gold was seen huge selling last week, also the strong US dollar was responsible for selling in gold. When we look at charts we see that gold will still continue its selling as it has broke ... [Continue Reading]

Gold intraday trading analysis for 16 May 2011, we recommend to trade short in Gold below 1495 level with targets as 1487 and 1482. Stop loss should be placed above 1498 level. Why to trade short on Gold : Gold was seen huge selling last week, also the strong US dollar was responsible for selling in gold. When we look at charts we see that gold will still continue its selling as it has broke ... [Continue Reading]

Gold intraday trading analysis for 3 May 2011, we recommend to trade long in Gold above 1543 level with targets as 1549 and 1554. Stop loss should be placed below 1538 level. Why to trade long on Gold : Gold has seen good supportive buying. Also the weak Dollar is responsible for bullishness in this yellow metal. Also when we look at charts we see that gold is supported by rising trend line, ... [Continue Reading]