Wednesday, January 20, 2010

Trading today 20th Jan 2010



Gold looks trade in range from @1115- 1145 level so far.
Intraday trading to do fast trade: buy @1125-1126 level, target @1135-1139. Cutloss below @1125.

Position trading to buy @1118-1119 level with stoploss below @1114 level,target longer around @1140-1145 level. But we can short @1114 level for target @1097 level when gold breaks down @1114 level.

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