gold trading ...
today gold prices is going to fall ,because market is down many points . now gold is trade on 1273.90 its pivot value is 1274.14 so market is looked down , i will suggest you to sell .gold is a thing which come down at any time , in my point of view gold is not a safe investment .
resistance level are
Resistance level 1:- >>>1274.74
Resistance level 2:- >>>1274.79
Resistance level 3:- >>>1274.83
Supporting level
Supporting Level 1 :- >>>1274.67
Supporting Level 2 : - >>>1274.62
Supporting Level 3 : - >>>1274.56
Order strategy
-->position 1 = instant position
--> position 2 = sell limit ( i suggest )
--> position 3 = sell limit ( i suggest )
Moving average trend is --->>>
Money management...
use multilevel lot.
lot position 3>>>lot position 2>>lot position 1..
stop loss and target profit is totally upon you ..
i would suggest you to cut loss and cut profit ....
Suggestion :-->> sell
trading is a fun...