Pages

Saturday, August 25, 2012

Gold Trend Aug 27

 AUG 27
 Scenario for Aug 27

Elliott: crucial reversal point
Current upmove should continue up to 1675.03 or 1680.00.
Any correction should find support in 1668.82 - 1666.34 zone. A break above 1676.40 could accelerate the move up.
Warning: Imminent end of bearish move - Harami

Supports / Resistances

Res 2    1,680.0000

Ex-High    1,673.8000

Res 1    1,675.0300

Pivot    1,668.8200

Sup 1    1,663.8500

Ex-Low    1,662.6100

Sup 2    1,657.6400

YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
Do your own due diligence.   
No one knows tomorrow's price or circumstance.  
I intend to portray my thoughts and ideas on the subject which may s be used as  a tool for the reader.  
 I do not accept responsibility for being incorrect in my speculations on market trend. 
King Regards


Get our toolbar!