Thursday, December 13, 2012

Trading Idea : Gold ( Short term update)

Dear All,
                   In last post we suggest to buy gold at 31000 levels for upside targets .....gold has done min ret required for b wave up of Big C wave down ..

Now what next ......

We will suggest to trail your long with 32200 on closing basis.........any close below 32200 will open gate for down side of Big c wave down .. for targets 30000----29500.


Imp: Till 32200 holding on closing basis bulls still have some upside left below 32200 close .........bears will have upper hand .


Thanks & Regards
Abhay Mehrotra

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