Thursday 18 February 2016

Gold Analysis 18-Feb 2016

19-Feb2016 5:30 am IST
CMP:
1231
Still I am bearish with gold. Above 1265 this view invalid.
Trade Idea.
Can sell at cmp with max SL 1265 for the tgts.


18-Feb-2016
4:21 PM IST

CMP: 1204.93
As long as Gold resisted by 1215$, I expect to see [1191] again and further [1184/81], 1175, 1160, [1145], 1137, 1128, 1117(level to watch), 1101.



Previous analysis:

18-Feb-2016

http://rajmarketresearchanalysis.blogspot.in/2016/02/gold-view-18.html
POSITIONAL VIEW:
As long as Gold resisted by 1264 I expect to see 1046$ again and further 1030/991/961/931 as per my previous analysis.

15-Feb-2016

http://rajmarketresearchanalysis.blogspot.in/2016/02/gold-analysis-15-feb-2016.html
As per my chart,if Gold resisted by 1246/1264, I expect to see 1214, 1185, 1161, 1138....
Trade Idea:
Sell Gold at CMP 1227 or on rise with max sl 1246/1264 for 1214(hit), 1185(made low 1191), 1166/1161, 1138/1134.



Trade Idea:
For any sell max SL can be 1215$ strict.

This analysis is for study purpose only.
Read Disclaimer always before taking any trading decision.
All ther best.