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Gold : Critical Resistance 1754.6 *LINK*

Hong Kong Qindex 14:16 GMT September 9, 2012 - My Profile
Gold : Critical Resistance 1754.6 : Reply
Buy Gold
Entry: Target: Stop:

Gold : A supporting range is expected at 1709.0 - 1724.3. The weekly cycle pivot centres are positioning at 1733.5 - 1742.2 - 1771.4.

Qindex

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Melbourne Qindex 23:13 GMT September 2, 2012
Gold : Critical Resistance 1754.6 : Reply
Buy Gold
Entry: Target: Stop:

As shown in the monthly cycle directional indicator (at the top of the webpage for Gold : Monthly Cycle Charts) the market is under pressure when it is below the weekly cycle pivot centre at 1637.5 and supporting level is expected at 1608.5. The pattern of the monthly charts suggest that the market has a tendency to trade between 1577.1 and 1748.5. Therefore it is reasonable to believe that 1577.1 - 1608.5 is a good supporting area but I would guess most traders would take a long position at 1592.6 - 1644.0. In the mean time the current expected trading range is 1670.9 - 1737.2.

Qindex
Gold : Monthly Cycle Charts

Melbourne Qindex 11:41 GMT September 2, 2012
Gold : Critical Resistance 1754.6 : Reply
Buy Gold
Entry: Target: Stop:

Gold : Critical Resistance 1754.6

A supporting range has been established at 1663.34 // 1667.3. The market momentum is strong when the upward trending momentum is strong enough to overcome the resistant barrier at 1695.4 // 1702.9. The odds are in favor of maintaining a long position when Gold is above 1725.7. A critical resistant point is positioning at 1754.6.

Qindex.com

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