Sunday, 21 February 2016

Gold - My probable trade this week

I panicked  and exited my recent buy at 1191. But nothing to worry as I made good profit in the earlier long trade. By now the idea seems to be as long as it stays above trading point 1189 and inflection point 1222, I tell you it is going to be sideways movement and painful. But it will attempt jump above 1250-1260 zone to reach inflection point of  1319, trading point of 1321.
I am looking at reentering again if it falls below 1200 with a stoploss of 1174 for target of 1320.


1047 1047 1047



1174.185 1180.43 1321.859

1047 1047 1047 1047 1047





1419.73 1318.48 1222.74 1132.31 1176.87

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