hiren_garasondia

Gold: May 04 review (intraday strategy for Gold)

Short
COMEX:GCM2020   GOLD FUTURES (JUN 2020)
Gold: May 04 review (Intraday strategy for Gold )

Technical review:

The next area for attention is below $1700.50 range (Near S1-Today's low) and keeps down trend till $1666.20 range (major support level ).

On the other side, I am looking at $1737.00(Near term R1-Thursday's High), and if break above R1, Gold prices high $10 to $15 up trend but major resistance level $1788.80 range(all time high).

For intraday trading point of view, short Gold and Silver prices at every high level.

Intraday strategy for Gold is given below.

Entry point - $1724.50 - $1727.50 range

And keep R1 $1737.00

And wait S1 $1697.00
And wait S2 $1690.00
And wait S3 $1676. 40
Comment: See..…GOLD…..made a low@1705.30 range again today also.....against short@1724.50-1727.50 range again today also on few hours ago......see today's short call 1st---what next???

S1 $1690.00
R1 $1727.50….GOLD......

See…SILVER….made a low@14.810 range again today also.......against short@15.150-15.190 range again today also on few hours ago......see today's short call 1st----what next???

S1 $14.500
R1 $15.190…..SILVER......
Trade closed: target reached: S1 HITTED IN GOLD AND SILVER TODAY.
Trade closed: target reached: See..…GOLD…..made a low@1687.95 range again today also.....against short@1714.50-1717.00 range again today also on few hours ago......see today's short call 1st---what next???

S1 $1666.20
R1 $1717.00….GOLD......TODAY.....

See…SILVER….made a low@14.810 range again today also.......against short@15.150-15.190 range again today also on few hours ago......see today's short call 1st----what next???

S1 $14.500
R1 $15.190…..SILVER......
Trade closed: target reached: TGT1+2 HITTED IN GOLD AND SILVER TODAY-----WHAT NEXT????

See..…GOLD…..made a low@1687.95 range again today also.....against short@1714.50-1717.00 range again today also on few hours ago......see today's short call 1st---what next???

S1 $1666.20
R1 $1727.50….GOLD......TODAY.....

See…SILVER….made a low@15.018 range again today also.......against short@15.350-15.390 range again today also on few hours ago......see today's short call 1st----what next???

S1 $14.750
R1 $15.390…..SILVER......

Comments

TGT1+2 HITTED TODAY.......

See..…GOLD…..made a low@1687.95 range again today also.....against short@1714.50-1717.00 range again today also on few hours ago......see today's short call 1st---what next???

S1 $1666.20
R1 $1717.00….GOLD......TODAY.....

See…SILVER….made a low@14.810 range again today also.......against short@15.150-15.190 range again today also on few hours ago......see today's short call 1st----what next???

S1 $14.500
R1 $15.190…..SILVER......
Reply
TGT1 HITTED TODAY IN GOLD AND SILVER.....

GOLD AND SILVER ROCKS AGAIN TODAY ALSO---SEE MONDAY'S GOLD AND SILVER SHORT CALL 1ST ON FEW HOURS AGOOOOOO.......

See..…GOLD…..made a low@1696.35 range again today also.....against short@1724.50-1727.50 range on yesterday few hours ago......see monday's short call 1st---what next???

S1 $1680.00
R1 $1727.50….GOLD......TODAY.....

See…SILVER….made a low@14.762 range again today also.......against short@15.150-15.190 range on yesterday few hours ago......see monday's short call 1st----what next???

S1 $14.500
R1 $15.190…..SILVER......TODAY.....
Reply
See..…GOLD…..made a low@1702.30 range again today also.....against short@1724.50-1727.50 range on yesterday few hours ago......see monday's short call 1st---what next???

S1 $1690.00
R1 $1727.50….GOLD......TODAY.....

See…SILVER….made a low@14.807 range again today also.......against short@15.150-15.190 range on yesterday few hours ago......see monday's short call 1st----what next???

S1 $14.500
R1 $15.190…..SILVER......TODAY.....
Reply
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