KITCO gold-trading strategy 12/16 Get 24 to nail trend: Sideways Asian session Modest increases of Europe Reducing the U.S. session The trading range expected: 1230-1250 Trading strategy: Sell below 1240 target 1225. Stop loss above 1245. |
Pivot: 1250.00
Key Strategy: Sell below 1250, Target 1212-1197
Secondary strategy: Increase over 1250 calls for increased road 1268-1279
Trend: Decrease
Intraday Levels
Resistance: 1279 - 1268 - 1250
Support levels: 1212 - 1197 - 1180
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