CAD-GOLD (1660) : Critical Point 1621.2 *LINK*

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Melbourne Qindex 00:59 GMT December 18, 2011 - My Profile
CAD-GOLD : Critical Point 1621.2 : Reply
Gold
Entry: Target: Stop:

CAD-GOLD (1660) : Critical Point 1621.2

As shown in the profile of the monthly cycle charts the normal trading range is defined as 1656.7 - 1941.0. The market is stable when it is trading above the weekly cycle pivot centers at 1640.0 - 1646.4 - 1650.5. On the other hand speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through the critical point at 1621.2.

Qindex.com

http://www.youtube.com/watch?v=dZEGYpXE5B4

CAD-GOLd : Monthly Cycle Charts
http://www.qindex.com/cad-gold.html

CAD-GOLd : Monthly Cycle Charts

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