Monday, April 11, 2011

Gold on 11-Apr-2011

Strong Support 1455
Breakout at 1464
ATR (9) 16

Target 1: 1482
Target 2: 1500

View: Bullish


Gold prices hit a fresh record high at 1474.98 last week as the USD weakened steadily throughout the week.

Gold prices will likely to consolidate early this week to 1365-1364 (BKO) regions before continuing the bullish sentiments.

Today's position: Long at 1472, SL 1467, TG 1482.
The week's position: Long at 1365, SL 1360, TG 1482.

Related: Gold Forecast in APSRI Forum

1 comment:

  1. My Long Gold at 1472 has been expired.
    Currently queue to long at 1467, Guaranteed SL 5 pts away, TG 1482.

    ReplyDelete