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  1. G

    Daily Trading Strategies on Gold/Forex

    597~600 area would be a very strong resistance zone. exit long @ 597 good luck
  2. G

    Daily Trading Strategies on Gold/Forex

    long @ 595 stop @ 591 good luck gt
  3. G

    Daily Trading Strategies on Gold/Forex

    exit long or reduce some load @ 593.5 suggested stoploss @ 591.5 for intraday traders. good luck gt
  4. G

    Daily Trading Strategies on Gold/Forex

    suggested stoploss: 588.5 (you might need to adjust with broker's spread)
  5. G

    Daily Trading Strategies on Gold/Forex

    although gold is moving above 590, it would be encountering a cluster of resistance around 596~599 area. watch for sharp reversal. current price: 592 directional bias: bullish probability: medium but limited action: hold long good luck gold trader
  6. G

    Daily Trading Strategies on Gold/Forex

    correction: current price @ 589 hold long with stoploss around 584 area
  7. G

    Daily Trading Strategies on Gold/Forex

    gold moved strongly as expected. there is a high probability of moving higher next week. current price @ 589 hold short with stoploss around 584 area.
  8. G

    Daily Trading Strategies on Gold/Forex

    if you are long from 578, suggested stoploss should be around 584. current price 588 good luck
  9. G

    Daily Trading Strategies on Gold/Forex

    correction: if you are long at 578, stoploss would be around 574. currently gold is showing strength to upside breakout. it could even happen during asian session.
  10. G

    Daily Trading Strategies on Gold/Forex

    current price @ 578.3 directional bias - bullish hold long with stoploss around 575~574.
  11. G

    Daily Trading Strategies on Gold/Forex

    current price @ 576.5 directional bias - slightly bullish if you are long at 580, stoploss would be around 574. if you are short, you would have been stopped out around 578.
  12. G

    Daily Trading Strategies on Gold/Forex

    current price @ 574 directional bias - slightly down if you short, hold short with stop around 578. it is to capture the b/o short @ 571 stop @ 575.5 long @ 578 stop @ 573.5 good luck
  13. G

    Daily Trading Strategies on Gold/Forex

    here is a chart showing possible breakout pattern.
  14. G

    Daily Trading Strategies on Gold/Forex

    gold is in a tight trading range. and i believe it woul be preparing for a breakout. it would be on either side. my current directional bias is becoming neutral at this moment. closing above 578~580 in 1hr chart would be a potential upside move. closing below 571~570 in 1hr chart would be...
  15. G

    Daily Trading Strategies on Gold/Forex

    this must have been a losing call. i would still hold my bearish view on gold as price has been rejected from 578~580 area. current price @ 573 short @ 573 stop @ 578.5
  16. G

    Daily Trading Strategies on Gold/Forex

    again, it would have been a profitable call. gold has been testing around 580 area. i hope gold would be preparing for another leg down in a couple of days unless it breaks above 580~582. current price 573 hold short with stoploss around 577.5. good luck
  17. G

    Daily Trading Strategies on Gold/Forex

    the call would have been profitale for intraday traders. gold was down to 571 area and then reversed. as long as gold is below 580, it is weak. my call is still valid for today. profit taking levels are at trader's discretion. current price @ 577 hold short
  18. G

    Daily Trading Strategies on Gold/Forex

    short gold-spot @ 579 stop @ 582.5
  19. G

    Daily Trading Strategies on Gold/Forex

    exit short @ 573 current price @ 573
  20. G

    Daily Trading Strategies on Gold/Forex

    short @ 573 stop @ 577.5 current price @ 573 good luck gt
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