GOLD to move to lower boundary of range

GOLD will be moving to lower end of short term range in next 2 weeks. The profit is to be made by shorting GOLD at the intermediate rallies.




Alternate Scenario 2:




Abhay

Look for buying opportunity in GBPJPY

A bounce was indicated in GBPJPY around 12th Aug lows. It seems like there may be a downturn again after this initial bounce. If it happens then it will be good opportunity to go Long in GBPJPY for a nice profit.




GBPJPY bounced as was forecasted and has continued to move down from there. It is now getting close to presenting a buying opportunity




Abhay

Sell Opportunity on 3rd Aug in GOLD for short term profit

Nice trading opportunity is developing in GOLD. Set up for nice shorting opportunity is developing for quick 2-3 days profit which then will present opportunity to reenter and BUY GOLD around 4th or 5th Aug'09



Compare how actual action played out...



Abhay

Sell Opportunity in GOLD: Sell on 17th Jul'09

Sell opportunity in GOLD on 17th Jul'09. Gold should form short term top around 17th Jul'09

Good Trading Opportunity in GOLD this week: Buy on 8th Jun'09, Sell around 10th-11th Jun'09 and Buy again on 15th Jun'09

Good Trading Opportunity in GOLD this week:

Buy on 8th Jun, Sell around 10th-11th Jun and Buy again on 15th Jun'09

Look for Sell opportunity in GOLD between 28th May - 1st Jun'09

Look for SELL opportunity in GOLD between 28th May - 30th May. GOLD may remain in range until next Monday i.e 1st June'09 and then it should give decent gains by 4th/5th June'09

GOLD likely to see lower prices on Friday, 22nd May'09

GOLD is likely to see some profit taking on Friday, 22nd May'09. The lows of Friday will be good opportunity to enter Long once again for higher prices by 26th May'09





Abhay