Gold: May 04 review (intraday strategy for Gold)
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
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
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......
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......
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......
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......