Gold and Silver Trend Alerts | Update: May 22nd, 2011

Gold (XAU/USD):
  • Bought (Long) gold at USD 1490/ounce (18th May 2011)
  • Maintain long position for gold.
  • Close position if gold spot price goes below USD 1470/oz (support at 50 DMA (daily moving average)); exponential moving average preferred.

Silver (XAG/USD):
  • All silver positions closed.
  • Stand aside awaiting new entry signal (uptrend) for silver price to close above resistance at 20 DMA (daily moving average)); exponential moving average preferred.


Download the FREE eBook: Currency | Forex Trading for Dummies

FREE online forex education

Comments

Pages

Popular posts from this blog

Did Steve Jobs Refuse Treatment for Pancreatic Cancer?

Top 10 Healthcare Companies by Revenue in 2025

Top 10 Pharmaceutical Companies by Revenue in 2025

Top 10 Most Anticipated Drug Launches of 2025

Glutathione vs NAD: What's the Difference?

Top 10 Drugs Losing US Exclusivity in 2025

Top 10 Pharma Companies by Market Cap in 2025

Top 10 Pharma Companies by R&D Spend 2024

7 Best Crypto Exchanges Malaysia 2025

Top 10 Drugs by Worldwide Sales in 2024