Melbourne Qindex 23:07 GMT May 13, 2013 - My Profile
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Gold
Entry: Target: Stop:
Gold : Cycle Day on May 15
A lot of cycle analysts are expecting a move on May 15. The distribution profile of the monthly cycle charts suggest that the neutral position is 1418.6 which has been tested on last Friday in the New York session. Anything trading below this point 1418.6 after May 15 is very negative for the market.
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Gold : Monthly Cycle Charts
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