Update 8-Apr-2015
Gold hit 1207, 1202, 1199, Made Low 1192.49, next target was 1192. Can book profit and exit.
Based on my Daily TF,
Support: 1131, Resistance: 1308.
As long as 1131 supports, I expect to see 1307 again and other targets are: 1318, 1348, 1360, 1374, 1385, 1415, 1427.
Based on my Hourly TF,
Support: 1142, Resistance 1220.
Resistance already broken and made high 1224.
As long 1142 supports, I expect to see 1224 again and other targets are: 1232, 1237, 1248, 1255, 1267, 1273, 1284, 1302.
Based on my 15m TF,
Support: 1178, Resistance: 1225.
As long as 1225 resists, I expect to see downside correction.
Retracement Levels: 1213.5, 1207, 1202, 1199, 1192, 1189, 1178.41 (100%).
Reversal from any of the above levels, 1st target 1224.
Trade Idea 1: SELL ON RISE between: 1218-1222 with Max SL 1225 for 1213.5-1211, 1207, 1202, 1199, 1192. Made Low 1192.49. Can book profit and exit.
Gold hit 1207, 1202, 1199, Made Low 1192.49, next target was 1192. Can book profit and exit.
Based on my Daily TF,
Support: 1131, Resistance: 1308.
As long as 1131 supports, I expect to see 1307 again and other targets are: 1318, 1348, 1360, 1374, 1385, 1415, 1427.
Based on my Hourly TF,
Support: 1142, Resistance 1220.
Resistance already broken and made high 1224.
As long 1142 supports, I expect to see 1224 again and other targets are: 1232, 1237, 1248, 1255, 1267, 1273, 1284, 1302.
Based on my 15m TF,
Support: 1178, Resistance: 1225.
As long as 1225 resists, I expect to see downside correction.
Retracement Levels: 1213.5, 1207, 1202, 1199, 1192, 1189, 1178.41 (100%).
Reversal from any of the above levels, 1st target 1224.
Trade Idea 1: SELL ON RISE between: 1218-1222 with Max SL 1225 for 1213.5-1211, 1207, 1202, 1199, 1192. Made Low 1192.49. Can book profit and exit.
1:51 pm IST
RISK takers can sell at cmp 1211 with sl 1215/1225 (max) for the above targets.
8-Apr-2015
8:30 PM IST
Almost hit 1202. As of now low 1202.12.
11:42 PM IST
1199 HIT.
Trade Idea 2: BUY ON DIPS between: 1202-1188, with Max SL 1178 for
1232, 1237, 1248, 1255, 1267, 1273, 1284, 1302.
Trade Idea 2 actiavted. Now Small SL 1192. Big SL 1178.
10-Apr-2015, 7:58 PM IST
As of now High 1210.30.
1202 --> 1210.30. can book some profits here.
Positional Supports: 1142/1131
Positional Targets: 1318, 1348, 1360, 1374, 1385, 1415, 1427.
The above trade Ideas or based on My Analysis. TRADE AT YOUR RISK.
Thanks.
8-Apr-2015
8:30 PM IST
Almost hit 1202. As of now low 1202.12.
11:42 PM IST
1199 HIT.
Trade Idea 2: BUY ON DIPS between: 1202-1188, with Max SL 1178 for
1232, 1237, 1248, 1255, 1267, 1273, 1284, 1302.
Trade Idea 2 actiavted. Now Small SL 1192. Big SL 1178.
10-Apr-2015, 7:58 PM IST
As of now High 1210.30.
1202 --> 1210.30. can book some profits here.
Positional Supports: 1142/1131
Positional Targets: 1318, 1348, 1360, 1374, 1385, 1415, 1427.
The above trade Ideas or based on My Analysis. TRADE AT YOUR RISK.
Thanks.
