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US GOLD has formed descending triangle formation. Dated:16th May 2014 (Friday).





  • US GOLD has formed descending triangle formation, once breaks its triangle on down side will favor bears.
  • Stock also trading below 50 days moving average, so far will favor bears, Gold must starts trading above 50 days moving average to give some bullish signals.
  • Stock also coming down from 2nd fibonacci retracement levels indicates bears are active.
  • Visit link for list of nse holiday for year 2014.

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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.