spot gold : projected support 405.1

  1. 1,248 Posts.
    Melbourne Qindex 07:49 GMT April 18, 2005
    Spot Gold : A projected barrier is expected at 427.2 - 427.6 and a projected resistant level is positioning at 430.6 - 430.9. A projected supporting level is located at 405.1 - 405.8.

    Melbourne Qindex 07:43 GMT April 18, 2005
    Spot Gold : Weekly Cycle


    Key Reference 430.9


    The key quantized levels of my weekly cycle are located at 401.4 - 416.2 - {430.9} - 445.6 - 460.4. 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".


    ... 401.4* ... 408.8* ... // 416.2* - 419.8 - 423.5* - 427.2 - {430.9}* - 434.6 - 438.3* - 442.0 - 445.7* // ... 453.0* ... 460.4* ...


 
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