Tuesday 17 August 2010

Gold



Double tops here? reg divergence in 15,30 60 min on MACD and more importantly the dashed reaction line sits waiting to resist price. Not a HP setup yet and overall i am bullish of gold and expect to see it to 1232 today where i would look for a short setup.




12.39 see the reaction line following the same course as the UMLP of the Mod Schiffed fork? The double top still stands so price looks a bit toppy here.







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