WEEKLY ANALYSIS AND TRADE SETUP- 12 MARCH 2017

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WEEKLY ANALYSIS AND TRADE SETUP- 12 MARCH 2017

Post by AVINASH on Sun Mar 12, 2017 6:32 pm

Last week it was mentioned that gold is bearish for short term though monthly trend is up and we have planned short trade too which was not got fill but gold has fallen nicely as predicted.
But some short covering is expected which will give some recovery.
Based on this we may plan some aggressive long when good zones and confirmation is available.

Till then bearishness is bias

OI analysis too suggesting adding shorts in system.


Trend Analysis:





OI Data Analysis:




Trade Setup:



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AVINASH
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