Gold Update 31 July 2016

I have booked all Gold buy positions but it did not give target of 32000+++....

Anyway I will look for sell levels now in Gold and Silver.....

Gold and silver is showing divergence .....So expecting a big fall sometime coming ....I will wait for confirmation.....But I will start taking small sell positions and add more on confirmation ( CONFIRMATION IS BREAK OF 31200)....for TGT 31241 and if fall below 31200 with volume then 31033 and 30900....I will see price action at 31033 and 30900 levels for confirmation on upside movement......

I think Gold have a nice support at 31020 and it may not break 31020....lets see

Similarly 1st TGT for Silver set to 39000.....

BUT I WILL COLSE ALL SELL CALLS IF DAILY CLOSE IS ABOVE FRIDAY'S HIGH.....

GOLD UPDATE 24 JULY 2017-----UPDATED ON 28 JULY

I have covered all sell positions at 30860....Short term Gold is trading sideways to downside for target 30550-30400....But it will take some upside movement and the come down.....But over all long term I am still bullish.....

I will take trade as below

I will sell near 30990 for TGT 30684-672 SL above 31075...TRADE DID NOT TRIGGERED SINCE OPENED GAP DOWN

I will buy near 30684-30672 with SL below 30645 TGT 31265.....BOUGHT AT 30690 AND COVERED AT 31265

I will sell from 31265 till 31450 SL  31520 TGT 30388-30400....SOLD AT 31265 AND COVERED AT 31000 SINCE GOLD DID NOT BREAK 30950....PIVOT AT 30923.....SO BOUGHT AT 31000 SL 30900 FOR TGT 32000++++

I CLOSED ALL MY BUY POSITIONS AT 31020 AND NOW TAKEN SELL POSITIONS ....WILL BOOK HALF OF SELL POSITIONS AT 30900 AND HALF AT 30860.....THEN WILL SEE PRICE ACTION IF ANY MORE DOWNSIDE IS POSSIBLE....I STILL THINK SOME DOWN SIDE IS PENDING FOR TGT 30400-30300

GOLD IF DOES NOT SUSTAIN ABOVE 30840 then I will sell for TGT 30400...

Booked all buy lots at 30827....will wait to see if Gold sustain above 30840....

YES , IT FINALY SUSTAINED ...BOUGHT AT 30860.....

I BOOKED ALL MY SELL POSITIONS AT 30708 .......NOW HAVE TAKEN BUY POSITIONS AT 30708......FOR SOME UPSIDE MOVEMENT....I WILL ADD TILL 30647.....MY TGT 31175-31200+....AND MIGHT EXTEND FOR 31680

CHEEERRRRRRRRSSSSSSSS TO ALL FOLLOWERS.....MADE GREAT PROFIT FROM 32400 TILL 30708.....

I BOOKED ALL MY SELL POSITIONS AT 30708 .......NOW HAVE TAKEN BUY POSITIONS AT 30708......FOR SOME UPSIDE MOVEMENT....I WILL ADD TILL 30647.....MY TGT 31175-31200+

CHEEERRRRRRRRSSSSSSSS TO ALL FOLLOWERS.....MADE GREAT PROFIT FROM 32400 TILL 30708.....

Gold Update 16 July 2016

As I can see Bullish Cypher pattern is developing in Gold and Silver....I am still bearish in gold and silver....If this is correct then after I get my target I will be bullish in Gold for much higher targets..

I am still maintaining my Gold Sell positions and will add more at 31240 ......though my Trailing SL is 31200 I will book my sell positions at 31120 if it hits and sustain above it......and add more sell positions at 31240+ levels.....My TGT 30540 and 30400+ levels....( similarly Silver TGT 44250-45000 depending upon price action moment)

Downside support at 30538-30300....and small support 30670.....I will watch these levels as reversal levels for upside moment.....
Upside resistance to be broken is 31350 and 31550....

i HAVE KEPT TRAILING SL 31200 FOR ALL MY GOLD SELL POSITIONS....IT IT HITS THEN I WILL GO LONG AGAIN

Gold Update

I have covered all my long positions in Gold at 32400 and now I have sell positions with SL 32488.....I am looking for target near 29600-29500 level.....I will buy Gold only above 32500 for target near 32780+