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US COMEX GOLD made a bullish breakout, further strength expecting in coming days.


US COMEX GOLD


  • Gold had formed head and shoulder formation in daily chart, and it made a bullish breakout by closing above its pattern.
  • Chart indicates as long as Gold holds above bulls will be favored and further price rise can be seen in coming days.
  • On upper side Gold will find next strong trend line resistance around 1323 and 1345. Long term traders need to be careful around those levels. Close Watch.
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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

.