Melbourne Qindex 12:40 GMT December 17, 2011 - My Profile
EURO-GOLD (1226.0) : Critical Point 1189.2 : Reply
Gold
Entry: Target: Stop:
EURO-GOLD (1226.0) : Critical Point 1189.2
The market is under pressure when it is below the weekly cycle pivot centers at 1238.4 - 1267.5 - 1307.8. As shown in the monthly cycle charts speculative selling pressure will increase when the market is trading below the barrier at 1218.5 // 1219.6. A critical point is located at 1189.2.
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Euro-Gold : Monthly Cycle Charts
http://www.qindex.com/euro-gold.html