Melbourne Qindex 21:35 GMT December 27, 2011 - My Profile
Gold : Critical Point 1561.9 : Reply
Gold
Entry: Target: Stop:
Gold : Critical Point 1561.9
As shown in the monthly cycle projected series the market is working on the supporting range of 1570.9 ... 1617.9. The bias is on the downside when gold is below the weekly cycle pivot centre at 1598.5. Speculative selling pressure will increase again when the market is rejected from the barrier at 1592.1 // 1595.5.
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Gold : Monthly Cycle Charts
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