Hong Kong Qindex 01:58 GMT February 17, 2013 - My Profile
Euro-Gold (1204.0) : Critical Point 1195.2 : Reply
Gold
Entry: Target: Stop:
Euro-Gold (1204.0) : Critical Point 1195.2
The graphic presentation of Euro-Gold indicates that the market is under pressure when it is trading below the barrier at 1226.5 // 1227.2. As shown in the "Monthly Cycle Reference / Normal Lower Limits : 1094.6 - 1097.7 - 1127.9 - [1133.2] - 1136.1 - 1146.3 -1184.0 - 1188.3 - 1222.0 - 1223.4 - [1230.3] - [1232.9]", speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through the barrier at 1184.0 // 1188.3.
Qindex.com
Euro-Gold : Monthly Cycle Charts
http://www.qindex.com/euro-gold.html