12.09, Gold moved in
large range (1320 – 1366) and printed lower close @ 1321.66. Gold has broken
daily uptrend and move down sharply
Tranding strategy for 13.09.2013
from Daily Gold Journal:
+ Intraday key level: 1283 - 1301 - 1310 - 1334 - 1353 - 1373
+ Intraday advantage area: (1334- 1353)
+ Level likely to reach: 1310 - 1301 - 1283
+ Possible range: 1283 - 1353
+ Possible intraday movement:
- Open and go down to 1301 then go up to test (1334 - 1353)
- Open and go up to test (1334 - 1353) and go down to test 1301
- One-way movement to break 1334 or 1301 and reach zone (1334 – 1353) or (1283 - 1301)
+ Preferred strategy: Short on test of (1334 - 1353).*****
+ Expected Stop loss & take profi: 1358, 1301, 1283.
***** Daily Gold Journal’s statistic suggests that price area Gold likely to test today is (1330 - 1334) (>85% possibility).
Session strategy: Daily Gold Journal would update strategy for each session (If available)
+ Intraday key level: 1283 - 1301 - 1310 - 1334 - 1353 - 1373
+ Intraday advantage area: (1334- 1353)
+ Level likely to reach: 1310 - 1301 - 1283
+ Possible range: 1283 - 1353
+ Possible intraday movement:
- Open and go down to 1301 then go up to test (1334 - 1353)
- Open and go up to test (1334 - 1353) and go down to test 1301
- One-way movement to break 1334 or 1301 and reach zone (1334 – 1353) or (1283 - 1301)
+ Preferred strategy: Short on test of (1334 - 1353).*****
+ Expected Stop loss & take profi: 1358, 1301, 1283.
***** Daily Gold Journal’s statistic suggests that price area Gold likely to test today is (1330 - 1334) (>85% possibility).
Session strategy: Daily Gold Journal would update strategy for each session (If available)
..., to timely and precisely trade intraday movement, we should pay attention to intraday trend signal for each session. Daily Gold Journal wishes you a profitable trading day.
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