Gold spot intraday trading for 22 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1395 with targets as 1401 and 1407. Stop loss should be placed below 1392 level. Why to go Long on Gold : A strong breakout 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 supporting the ... [Continue Reading]
Gold (Spot) Trading Analysis for 21 February 2011, Buy Above 1392
Gold spot intraday trading for 21 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1392 with targets as 1400 and 1405. Stop loss should be placed below 1390 level. Why to go Long on Gold : Gold has shown a strong breakout above 1383 level which is a positive sign for the trend, also gold is supported by the rising trend line. However, RSI is also supporting the ... [Continue Reading]
Gold (Spot) Trading Analysis for 18 February 2011, Buy Above 1377
Gold spot intraday trading for 18 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1377 with targets as 1385 and 1388. Stop loss should be placed near 1374 level. Why to go Long on Gold : Gold is on positive move and is still supported by rising trend line. However, RSI is also supporting the upside. Trend is more likely to be bullish for today's trading. Short ... [Continue Reading]
Gold (Spot) Trading Analysis for 10 February 2011, Buy Above 1354
Gold spot intraday trading for 10 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1354 with targets as 1359 and 1363. Stop loss should be placed near 1350 level. Why to go Long on Gold : Gold is on positive move and is still supported by rising trend line. However, RSI calls for caution, as a trader be extremely cautious while trading gold today. Trend is likely ... [Continue Reading]
Gold (Spot) Trading Analysis for 8 February 2011, Buy Above 1347
Gold spot intraday trading for 8 February 2011, Gold intraday trading tips, Add Long (Buy) positions in Gold above 1347 with targets as 1355 and 1359. Stop loss should be placed near 1344 level. Why to go Long on Gold : Gold is on positive move and is supported by rising trend line. RSI is also well directed and hence supports the uptrend. So gold should witness more buying, hence we advice be ... [Continue Reading]
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