Gold : Current Comments

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Melbourne Qindex 00:52 GMT April 17, 2013 - My Profile
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Gold : Monthly Cycle Analysis

As shown in the monthly cycle frequency chart 1418.6 is a significant point. The energy gap between 1331.9 and 1418.6 is big. This would indicates that great purchasing power is required for gold to maintain above the level of 1418.6. The monthly cycle frequency chart also suggests that it is easier for the market to move one step backward from 1331.9 to 1265.2 than to move one step forward from 1331.9 to 1418.6. Each division is represented by 86.7.

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Gold : Monthly Cycle Charts
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