Gold Trading Strategy - The painting of the price

Gold did break through key resistance level of 1394 opens the possibility of reduced 1350.
The beginning this week, the Asian session was the opening price gap (1393.75) closed the week lower price (1395.7) which helps to quickly pass rates in 1394 and just 15 minutes to the opening price on the 1375 .
Currently, gold prices are being revised up.
As I said, the price level in 1375 is not the destination of the gold. I expect gold will drop deeper in price 1345-1360.
And the picture below is the painting of possible gold price this week.

Strategy :

Sell limit        : 1405 - 1410

Take Profit    : 1375 - 1360 - 1345

Stop loss       :  1416

Hope luck ! :)

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Gold Trading Strategy long term

It is the magic of Elliott Wave Theory .
What is the price of gold has completed  waves 3 of rally .
I am waiting for gold prices to adjust somewhere around 38.2 Fibonaci , corresponding rates in price 1390 usd/oz .
I will implement the campaign buy at that price with 5% account .
The limit my losses are prices 1370 usd/oz !
If my comments properly, I will continue to buy at a price of 1410 usd/ oz - 10% account .
The goal of our expectations that the price of gold will reach  1460 usd / oz.
I still expect a higher price is 1557 usd / oz by the end of this year !

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Spot Gold Trading Strategy 08/26/2013

Gold has faced strong sell forces at the 1406
Markets serial rally on Friday when the prices soared from 1397 to 1406 opening.
But at while in town , gold has faced strong sell forces at the 1406, make the price down to under 1400usd/oz quickly, sometimes has to come 1390usd/oz .
Today, I think gold will have adjustments on the lower level. The long term trend, I think gold prices will conquer milestone 1466usd/oz  in September.
Strategy :
Sell stop : 1395 - 1400
Stop loss: 1408
Take Profit : 1380 - 1375
Hope luck !:)

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Gold Trading Strategy 08/23/2013

Although Filing Report  Jobless worse than expected in the week up to 336,000 from the previous week's 320,000 . However, a separate report from the Labor Department, the average number of applications for unemployment benefits 4-week average to date  08/17/2013 was 320,000, is so good and the lowest since 2007.
This suggests that the labor market is improving .The 4-week average will reflect the overall picture rather than the data each week.
Another report showed U.S. house prices rose 7.6% in the 07 months compared with 6% of 06 months .Thus, the housing market is also positive developments.
Why gold price not reduced ?
Bloomberg explained by investors closing contract status for short sales their first month , While the gold price broke milestones 1300 but went up strong.
Strategy :
Sell Stop         : 1370
Stop loss         : 1378
Take Profit 1   : 1360
Take Profit 2   : 1350

Price at time of writing :  1376 USD/oz

Hope luck ! :)

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Gold Trading Strategy 08/22/2013

Yesterday, the SPDR Gold Fund to sell 0.6 tons. Lower Treasury's gold reserves to 913.52 tonnes.
End of trading America, gold closed at 1355 USD / oz.
The trading range for today is expected of gold: 1355 USD/oz - 1378 USD/oz
Safe Trading Strategy :

Sell limit : 1377
Stop loss  : 1386
Take Profit : 1360

Price at time of writing: 1363 USD/oz

Wish you success ! :)

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Gold Trading 20/08/2013

New Date luck and success
_Strategy 1:
Sell limit  : 1375
Stop loss   : 1383
Take Profit : 1360

Strategy 2 :
Sell Stop   : 1358
Stop loss   : 1366
Take Profit : 1350
Price at the time of writing : 1367 usd/oz
Hope luck !

Gold 20/08/2013

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Gold Trading 08/19/2013

New Week luck and success !

Intraday gold trading strategy :

Sell limit : 1390 usd/oz 

Take Profit : 1370 usd/oz

Stop loss: 1400 

Hopefully luck ! :)

Gold 08/19/2013

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