Positional signal ( Medium term Gold call )
As mentioned in our daily analysis , its a good day for our positional signals subscribers which receives our medium term buy/sell trading calls . We asked them to sell gold last week , it crashed and our subscribers enjoyed profit of nearly 300 pips in this trade . Here is what we wrote to our subscribers last week .
Sell gold at 1334$ with stoploss of 1366$ for target of 1300$ , yesterday market tested below 1305$ and we exited nearly 1305$ . We fetched approx 2900-3000$ profit per lot in this trade .
Currently prices are trading at 1308$ , a good support now stands at 1298$ . Below this level more pain in this major commodity .
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