Gold intraday trading analysis for 11 April 2011, we recommend to trade long in Gold above 1471 level with targets as 1480 and 1488. Stop loss should be placed below 1467 level. Why to trade long on Gold : Gold has given a breakout trading opportunity last week, and we have seen the strong rally heeding towards 1488 level. So we will be looking buying opportunity on gold till it is trading above ... [Continue Reading]
Gold (Spot) Trading Analysis for 5 April 2011, Buy above 1430
Gold intraday trading analysis for 5 april 2011, we recommend to trade long in Gold above 1430 level with targets as 1435 and 1439. Stop loss should be placed below 1427 level. Reason to trade long on Gold : Gold has seen the much of the profit booking in last few sessions due to uncertainty, but still it is backed by buying interest on every fall. So we will be looking buying opportunity on gold ... [Continue Reading]
Gold (Spot) Trading Analysis for 4 April 2011, Buy above 1432
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 (Spot) Trading Analysis for 30 March 2011, buy above 1424
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 (Spot) Trading Analysis for 28 March 2011, Sell Below 1419
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]
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