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Commodity Trading Discussion Forum

Gold (Weekly Cycle) : Resistance at 1127.3

Posted By: Qindex
Date: Saturday, 7 November 2009, at 5:58 p.m.

Melbourne Qindex 22:38 GMT November 7, 2009
QIndex Trading System: Reply
Gold
Entry: Target: Stop:

Gold (Weekly Cycle) : Resistance at 1127.3

The critical level of the weekly cycle is located at 1066.6 - 1096.6. The pattern of the weekly cycle charts indicate that the market has a tendency to trade within 1088.7 - 1108.0 initially. The weekly cycle frequently chart suggests that the market can move easily between 1069.4 and 1127.3. The current expected trading ranges from the weekly cycle projected series are 1030.9* ... 1040.5 - 1050.2* - 1059.8 - 1064.6 // 1069.4* - 1074.3 - 1079.1 - 1083.9 - 1088.7* - 1093.6 - [1098.4] - 1103.2 - 1108.0* - 1112.9 - 1117.7 - 1122.5 - 1127.3* // 1132.1.

Gold : Monthly Cycle Charts
http://www.qindex.com/gc.html

Gold : Monthly Cycle Charts


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