Monday, August 22, 2011

GOLD Trade idea:

Trade idea: Bullish (direct rise). An immediate rise is expected on the market.
Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 1849, as we anticipate a direct rise to 1929. Buy close to 1863 to play a rise to 1929. The invalidation level of this trade idea is at 1849.

Buy GOLDDEC11
Entry: 1,863.00
Target: 1,929.00
Stop loss: 1,849.00