Tuesday was Golden day for Gold after chaotic political situation in Italy and Fed Chairman Bernanke's firm stand on easing though it's rather difficult for Gold to sustain above 1600++ unless and until it closes above 1635 + on weekly. Usd/Jpy is still in consolidation phase and that helped us our trade yesterday which easily met the target so do Gbp/Usd but we didn't got entry point in Gbp/Usd although uncertainty in Italy kept Crude oil under pressure but we are still waiting for our target to achieve.
Following are trade calls for today,
Following are trade calls for today,
- Buy Eur/Usd at 1.3050 stop below 1.2990 target 1.3140
- Buy Aud/Usd at 1.0200 stop below 1.0140 target 1.0295
- Sell Gold at 1615 stop above 1622 target 1602
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