Gold intraday trading analysis for 2 March 2011, we recommend to trade long in Gold above 1421 level with targets as 1427 and 1435. Stop loss should be placed below 1417 level. Reason to trade Long on Gold : Strong buying is supporting gold and we are seeing a series of higher high and lower low, confirming strong trending market. So at current level gold seems to be attractive, hence a good ... [Continue Reading]

Gold trading analysis for 1 March 2011, Gold intraday trading tips, trade long in Gold above 1411 level with targets as 1417 and 1423. Stop loss should be placed below 1407 level. Reason to go Long on Gold : Strong buying is supporting gold and we are seeing a bounce from the rising channel's lower boundary, which is acting as a support for the upward momentum. So at this time gold seems to be a ... [Continue Reading]

Gold trading analysis for 28 February 2011, Gold intraday trading tips, trade long in Gold above 1401 level with targets as 1407 and 1413. Stop loss should be placed below 1397 level. Reason to go Long on Gold : Gold is still attracting sound buyers and we are seeing a bounce from the rising channel's lower boundary, which is acting as a support for the upward momentum. So at this time gold seems ... [Continue Reading]

Gold spot intraday trading for 25 February 2011, Gold intraday trading tips, Long (Buy) Gold above 1403 with keeping targets as 1408 and 1415. Stop loss should be placed below 1399 level. Why to go Long on Gold : Gold witness some profit booking near 1416 level and now it is again trending with upward momentum. So this seems to be a good buying opportunity. RSI is rebounding and is well directed. ... [Continue Reading]

Gold spot intraday trading for 23 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1399 with targets as 1405 and 1412. Stop loss should be placed below 1395 level. Why to go Long on Gold : A strong breakout (21 February 2011) above 1383 level is a positive sign for the uptrend, also gold is supported by the rising trend line. However, RSI is well directed and is ... [Continue Reading]