silver : pullback target 6.869

  1. 1,248 Posts.
    Melbourne Qindex 06:25 GMT April 13, 2005
    Silver (SI, COMEX) : In the last New York session the market closed at 0.7155 and it is below the key refrerence point of my weekly cycle at 0.7252. The market has a potential to penetrate through the projected barrier at 0.7095 and head for 6.869 - 0.6909 range later this week.


    ... 6.418* ... 6.531* ... // 6.644* - 6.700 - 6.756* -6.813 - [6.869]* - 6.925 - 6.982* - 7.038 - 7.095* // ... 7.207* ... 7.320* ...

    Melbourne Qindex 06:18 GMT April 13, 2005
    Silver (SI, COMEX) : Weekly Cycle


    Key Reference 7.252


    The key quantized levels of my weekly cycle are located at 5.879 - 6.566 - {7.252} - 7.939 - 8.625. The mid-point reference of the series is defined as the "Super Magnet" in my system. The market has a strong momentum if it can move away from the "Super Magnet".


    ... 5.879* ... 6.222* ... // 0.6566 - 0.6737 - 0.6909* - 7.080 - {7.252}* - 7.424 - 7.595* ... 7.767 - 7.939* // ... 8.282* - 8.625* ...

 
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