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 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++++