Sunday, February 21, 2010

Bullion - Technical Update


Gold has broken above the trend line & also retested the line & moved up.


There is a probability of touching previous high. Traders can keep stop loss below the trend line.

Gold is trading way above the 200 EMA as of now & long term investors can keep stop loss of it to maintain the positions.


please go through the disclaimer mentioned elsewhere on the blog.

Disclosure : I am holding the positions in above mentioned stock / commodity.

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