Tuesday, 25 January 2011

Gold

as per previous post....but where to go long you may ask? Its too early for me. Price may come back to the green ML or the thick red RL or the dotted minor RL's (almost horizontal).
Options
1. buy a break out over the new resisting RL.
2. wait to see how shallow the RT is in this current RT off the RL indicated (far right)...it s/b a 'non touch' on the CL if you draw the short term fork off the most recent pivots.

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