Wednesday, November 4, 2009

Trading today 04 Nov 2009


Gold becomes the lord of King yesterday.My view and feeling for gold was correct!

When gold price is maintain the range high from 1065-1070 level,it should be the signal to testing up 1100-1130 level very fast before making a big correction near the Christmas. The big correction may bring gold drop fast to 1002-1003 level in some few day.

Buy gold today 1071-1073 level.

Stoploss below 1070 first and waiting for a chance to buy back again.
Target 1085 -1088- 1090 level



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