Gold has started correcting yesterday and we are sure this is due to the bailout package for Greece in European region and this is just due to exit of funds by the large hedge funds and ETF's. But still we are sure that there is much more upside left in gold for the longer term. In the beginning of this week we saw gold trading at all time high levels. Now we are extremely bullish on gold in near ... [Continue Reading]
Gold Trading at Life Time High on 19 July 2011, Buy Above 1597 for Target 1616
Yesterday Gold has made its life time high by moving above the $ 1600 per troy ounce. Now we are extremely bullish on gold in near term and taking a looking at the daily charts we see that gold has resumed its long term bullishness by creating a series of higher high and higher lows suggesting us a strong up trend. So taking advantage of this up trend we will be looking for only buying ... [Continue Reading]
Gold Technical Analysis for 18 July 2011, Gold is trading at all time high levels so buy above 1589
Looking at the daily charts we found that gold has resumed its long term bullish rally and this may continue as long as there is clear view from the Italian economy. As gold is always considered as safe asset class so the money is now flowing into the gold related assets in large form, this is the reason why the gold is trading at its all time high level. Charts suggest that Gold has created a ... [Continue Reading]
Trading Gold (Spot) on 13 July 2011, Buy Above 1560, Target 1574
Looking at the Gold charts we see that rally has started from the 1480 level and is continuing, Since then the price action has made the series of higher high and higher lows suggesting us the strong uptrend. This has created a rising trend line, So we see further strengthening in short from here. This makes the short term trend to bullish and also same for the medium term. Today’s trade is ... [Continue Reading]
Bullion: Gold (Spot) Trading Level Analysis for 4 July 2011, Sell below 1499
Gold intraday trading level analysis for 4 July 2011, we recommend to trade short in Gold below 1499 level for targets as 1492 and 1487. A protective stop loss order should be placed above the 1503 level. Reason to trade short on Gold : Looking at the charts we see that the price action has broken below the bullish channel lower boundary and is now making the series of lower low and lower highs ... [Continue Reading]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 17
- Next Page »