Gold intraday trading analysis for 29 april 2011, we recommend to trade long in Gold above 1529 level with targets as 1538 and 1543. Stop loss should be placed below 1525 level. Why to trade long on Gold : Gold has seen good supportive buying. Also the weak Doller 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]

Gold intraday trading analysis for 20 April 2011, we recommend to trade long in Gold above 1499 level with targets as 1508 and 1513. Stop loss should be placed below 1496 level. Why to trade long on Gold : Gold has seen good supportive buying. Also the Dollar factor 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]

Gold intraday trading analysis for 14 april 2011, we recommend to trade long in Gold above 1458 level with targets as 1466 and 1471. Stop loss should be placed below 1455 level. Why to trade long on Gold : Gold has witness profit booking in last 2 sessions. This profit booking can be seen as buying opportunity as long as gold trades above 1430 level. Daily technical indicators are also confirming ... [Continue Reading]

Gold intraday trading analysis for 11 April 2011, we recommend to trade long in Gold above 1471 level with targets as 1480 and 1488. Stop loss should be placed below 1467 level. Why to trade long on Gold : Gold has given a breakout trading opportunity last week, and we have seen the strong rally heeding towards 1488 level. So we will be looking buying opportunity on gold till it is trading above ... [Continue Reading]

Gold intraday trading analysis for 5 april 2011, we recommend to trade long in Gold above 1430 level with targets as 1435 and 1439. Stop loss should be placed below 1427 level. Reason to trade long on Gold : Gold has seen the much of the profit booking in last few sessions due to uncertainty, but still it is backed by buying interest on every fall. So we will be looking buying opportunity on gold ... [Continue Reading]