Gold intraday trading analysis for 4 april 2011, we recommend to trade long in Gold above 1432 level with targets as 1437 and 1441. Stop loss should be placed below 1429 level. Reason to trade long on Gold : Gold has broken above its strong resistance of 1432, Also Gold has built the upward momentum from previous sessions. So we can conclude that this yellow metal is more likely to strengthen and ... [Continue Reading]

Gold intraday trading analysis for 30 March 2011, we recommend to add long positions in Gold above 1424 level with targets as 1428 and 1431. Stop loss should be placed below 1422 level. Reason to trade long on Gold : Gold has broken above its strong resistance of 1423, Also Gold has built the upward momentum from previous sessions. So we can conclude that this yellow metal is more likely to ... [Continue Reading]

Gold intraday trading analysis for 28 March 2011, we recommend to trade short in Gold below 1419 level with targets as 1414 and 1408. Stop loss should be placed above 1422 level. Reason to trade Short on Gold : Gold has broken below its strong support, Also Gold lacks the upward momentum in near term. So we can conclude that this yellow metal is more likely to weaken and touch its next support ... [Continue Reading]

Gold intraday trading analysis for 25 March 2011, we recommend to trade long in Gold above 1429 level with targets as 1434 and 1437. Stop loss should be placed below 1426 level. Reason to trade long on Gold : Strong buying is supporting this yellow metal, on news such as uncertainty in Libya and bullishness in crude oil prices. So at current level gold seems to be attracting buyers, hence its a ... [Continue Reading]

Gold intraday trading analysis for 24 March 2011, we recommend to trade long in Gold above 1435 level with targets as 1442 and 1449. Stop loss should be placed below 1431 level. Reason to trade long on Gold : Strong buying is supporting this yellow metal, on news such as libya and souring crude oil prices. So at current level gold seems to be attractive, hence its a good buying opportunity. Daily ... [Continue Reading]