NileshThete

Gold: Sell set up..

FX:XAUUSD   Gold Spot / U.S. Dollar
5
Short on rise towards 1200 - 1220 lvs for tgt of 1130-1120...If it doesn't rise and falls towards 1120-1130 then start buying and keep on adding on all falls with stop @ 1040 and tgts of 1450...
Comment:
Gold did not rise and cotinued to fall...View is to buy now....We will wait for EOD confirmation and not jump to buy at current price..We could see levels of 1115 and 1082 (may not come)...Try to buy between 1082 and 1115 with stop at 1045...This is set up...we will wait for an EOD signal to buy...

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