Melbourne Qindex 01:30 GMT May 6, 2012 - My Profile
GBP-Gold (1018.4) : Critical Point 995.6 : Reply
Gold
Entry: Target: Stop:
GBP-Gold (1018.4) : Critical Point 995.6
The market is working on the barrier at 1007.3 // 1027.8. The weekly cycle pivot centres are located at 1003.1 - 1021.8 - 1022.1. The market momentum is strong when it is above the barrier at 1042.0 // 1047.4. On the other hand speculative selling pressure will increase when GBP-Gold is below the critical barrier at 995.6 // 998.7.
Qindex.com
http://www.youtube.com/watch?v=dZEGYpXE5B4
GBP-Gold : Monthly Cycle Charts
http://www.qindex.com/gbp-gold.html