Gold intraday trading analysis for 11 March 2011, we recommend to trade short in Gold below 1412 level with targets as 1406 and 1402. Stop loss should be placed above 1416 level. Reason to trade short on Gold : Strong selling buy gold ETF is supporting this profit booking in yellow metal. So at current level gold seems to be overbought, hence a good selling opportunity. RSI shows bearish outlook. ... [Continue Reading]

Gold intraday trading analysis for 9 March 2011, we recommend to trade long in Gold above 1434 level with targets as 1441 and 1445. Stop loss should be placed below 1430 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 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]