Gold spot intraday trading for 23 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1386 with targets as 1377 and 1371. Stoploss should be placed around 1392 level. Why to go Short: Gold is trading weak today also the price is capped by the declining trend line and facing strong resistance near 1389 levels, showing consolidation and hence should trade low to its new ... [Continue Reading]
Gold (Spot) Trading Analysis for 21 December 2010, Sell below 1390
Gold spot intraday trading for 21 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1390 with targets as 1379 and 1372. Stoploss should be placed around 1395 level. Why to go Short: Gold is trading weak today also the price is capped by the declining trend line, showing consolidation and hence should trade low to its new support near 1379 level today. It has also ... [Continue Reading]
Gold (Spot) Trading Analysis for 20 December 2010, Sell below 1388
Gold spot intraday trading for 20 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1388 with targets as 1368 and 1359. Stoploss should be placed around 1397 level. Why to go Short: Gold is trading weak today also the price is capped by the declining trend line, showing consolidation and hence should trade low to its new support near 1368 level today. It has also ... [Continue Reading]
Gold (Spot) Trading Analysis for 17 December 2010, Sell below 1385
Gold spot intraday trading for 17 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1385 with targets as 1365 and 1356. Stoploss should be placed around 1394 level. Why to go Short: Gold is trading weak today also the RSI reports weak momentum, we expect a pullback to its new support near 1384 level today. It has also been consolidating for last 8 sessions after ... [Continue Reading]
Gold (Spot) Trading Tips for 16 December 2010, Sell below 1395
Gold spot intraday trading for 16 December 2010, Gold intraday trading tips, Short (Sell) positions in Gold below 1395 with targets as 1384 and 1377. Stoploss should be placed around 1401 level. Why to go Short: Gold is trading weak for last couple of sessions after touching its all time high last week, we expect a pullback to its support near 1384 level today. It has also been consolidating for ... [Continue Reading]
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