Melbourne Qindex 23:59 GMT August 28, 2011 - My Profile
Gold : Critical Point 1792.5 : Reply
Gold
Entry: Target: Stop:
Gold : Critical Point 1792.5
A critical point is positioning at 1792.5. The odds are in favor of maintaining a long position when the market is above the barrier at [1804.0] - [1807.6]. The weekly cycle normal upper limits are located at 1891.2 - 1891.2 - 1892.2. The next upside target is 1965.1 when the market is strong enough to trade above 1917.6.
Monthly Cycle Reference / Normal Upper Limits : 1792.5 - 1793.3 - [1804.0] - [1807.6] - 1840.5 - 1867.2 - 1873.1 - 1891.2 - 1891.2 - 1892.2 - [1917.6] - 1965.1
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