The Price is At the bottom of a Down channel and it's the Momentum Minimum point , The isn't enough Selling power to dip below 6930 Until now and it could be a risky retrace trace , for Future Contract sellers Exit and resell at 8100
histogram of Comparison makes them easier to monitor
Gold Retraced to 1.618 from the last up wave and the support held strong around that area Extension of the up trend is expected to hit 1400 level in gold especially with QE Staying intact increasing US Inflation further
As it s shown there pound dollar is facing a major Trend resistance and it is heading towards a breakout
Gold Facing dificulty breaking above the 1150 Area To Retest 1140 and Trying to break down Influenced by Us elections and Cruide oil build up it is expected to have a cheaper gold overall
a down trend made gold fall today ! if trichet speach is bad it wont go down !
Channel bottom support pushing phm back up to long targetting 20 levels good luck !
break down of a trend and looking good so far before it even broken !
Going up ! mark me words after hitting that trend and broken resistance Good luck !
Woohoo break and retest high volume lets go up !
break up of a resistance retests and about to fly !
as said above ! just follow the big guys ehm me :D
Confirmed breka of flag formations ! congrats for profit in advance