Gold Positional Up/Down Moves View 10-Mar-2015
Swing High: 1307.36
Swing Low: 1131.43.
If Gold resisted by 1223.20, and any move below 1131.43, I expect big down move positionally.
Below 1131, I expect [1120]-1107, 1079-1074, [1064], 1047-[1035], 1003-990, 963, [920].
Break of 1131 is needed for the above down move.
If Gold Supported by 1131, and any move above 1308, we can expect big correction on the upside.
Above 1308, I expect [1348], 1374, [1415], 1441, 1483, 1524, [1591].
As of now, I expect to see Down side move break below 1131. Let us wait n watch, How this progresses.
If GOLD breaks 1131, MY STRATEGY WILL BE SELL ON RISE for the downside targets.
NOTE: As of now resistances are at 1224/1308.
Thanks.
Swing High: 1307.36
Swing Low: 1131.43.
If Gold resisted by 1223.20, and any move below 1131.43, I expect big down move positionally.
Below 1131, I expect [1120]-1107, 1079-1074, [1064], 1047-[1035], 1003-990, 963, [920].
Break of 1131 is needed for the above down move.
If Gold Supported by 1131, and any move above 1308, we can expect big correction on the upside.
Above 1308, I expect [1348], 1374, [1415], 1441, 1483, 1524, [1591].
As of now, I expect to see Down side move break below 1131. Let us wait n watch, How this progresses.
If GOLD breaks 1131, MY STRATEGY WILL BE SELL ON RISE for the downside targets.
NOTE: As of now resistances are at 1224/1308.
Thanks.
