Gold : Current Comments

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Melbourne Qindex 00:50 GMT April 23, 2013 - My Profile
gold: Reply
Sell Gold
Entry: Target: Stop:

Gold : Monthly Cycle Analysis

The market is still under pressure when it is trading below the monthly cycle pivot center at 1548.7 As shown in the monthly cycle directional indicator gold is still trading within the expected range of 1293.2 - 1466.0. Sell on rallies is the preferred trading strategy as suggested by the monthly cycle frequency chart which indicates that it is easier for gold to move one step backward to 1331.9 than move one step forward to 1505.3. The energy gap between 1418.6 and 1505.3 is several times more than the energy gap between 1331.9 and 1418.6.

Qindex.com

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

Forum Policy

Return to Index