Saturday 30 April 2016

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GOLD ... Why I don't Short !!

Hello Guys, 

As I say continuously, I feel SAD for the Analysts and Traders who are trying to Short GOLD at every rise. They Feel "Whatever Goes up Must Come Down", But unfortunately we are working in a different field, where rules are not that simple and you can not sustain if you don't know about them.. 

I have many reasons, why we must Buy GOLD on Every dip and not Sell at every High.... 

For the First reasons Read my GOLD update in Nov 2015.. I have been shouting since then, Don't Short GOLD.. any ways.. here is the link for the post .. 


Now, Look at the following charts .. 








My Views are supported by the Rules of Technical Analysis and are known rules of the time; developed by many known, unknown Legendary Analysts.. 

in My View GOLD is Still a Buy on DIPS and Can be carried for Higher Targets...


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