Wednesday, April 2, 2008

# GOLD ::

As said yesterday Gold went down upto 874.30 and closed at 882.50. We have reached our Target levels of 880.
The down Target given on 19/3/2008 when gold was trading at 1004.30.
19/3/2008 Sell 1004.30
25/3/2008 covered at 935
Profit 69.30 Points.
26/3/2008 Buy 935
27/3/2008 Coverd 960
Profit 25 Points.
27/3/2008 Sell 960
1/4/2008 covered 880
Profit 80 Points.
In gold within 15 Days we made Total Profit of 174.30 Points.
Now it has to take support at 850.If breaks down short again for a down Target of 800.Dont go long.we have to wait for confirmed up move.

No comments: