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Gold (1664.8) : Weekly Cycle Analysis *LINK*

Melbourne Qindex 00:59 GMT April 29, 2012 - My Profile
Gold (1664.8) : Weekly Cycle Analysis : Reply
Sell Gold
Entry: Target: Stop:

Gold (1664.8) : Weekly Cycle Analysis

The weekly cycle pivot centers are located at 1661.7 – 1664.4 – 1715.8. The directional indicator suggests that 1688.0 // 1714.1 is a critical resistant barrier. Speculative selling pressure will increase when the market resumes its downward trending movement is strong enough to penetrate through the weekly cycle pivot center at 1661.7.

Monthly Cycle Directional Indicator : 1661.7 - 1664.4 - 1688.0 - 1714.1 - 1715.8 - 1729.5 - [1730.6] - [1762.2] - 1779.9 - 1806.3 - 1838.0 -[1848.9]

Qindex.com

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

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