Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned forward-looking statements/predictions and may be subject to change without notice.

Translate

Monday, May 5, 2014

Gold Trading Levels & Strategy for the week ahead - 05 May 2014

Gold Weekly trend remains bearish as per previous weeks alert - while daily indicators are already facing resistance - though 1302 sell call stops has violated @ 1307, however sell call for target 1288 is still active & intact with some small slight changes in the levels..

Those who are short @ 1302 can add or average pos above 1307 or @ 1316 for the same target 1294 - 1287

Ltp - 1308.2

No comments:

Blog Archive

Popular Posts