Trading Signals for Wednesday, August 15, 2012

So, yesterday one of the long deal on Gold did open. As my philosophy remains, to keep on rolling the stop loss ahead at major landmarks when the price soars, managed to close the deal in positive.

It seems the market is on a pulling strength and therefore the deals for today will be in accordance with the same, which are as follows:

1. EUR/USD : Short at 1.2391 with stop loss 1.2431 and take profit at 1.2271
2. EUR/USD : Long at 1.2279 with stop loss 1.2239 and take profit at 1.2399
5. XAU/USD : Long at 1583.1 with stop loss 1578.1 and take profit at 1598.1
6. XAU/USD : Long at 1573.1 with stop loss 1568.1 and take profit at 1588.1
7. XAG/USD : Long at 27.40 and 27.10 with a take profit at 30.0 and a stop loss as per your margin capacity.

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