Wednesday, August 31, 2011

Gold: what is the first symptom?

I had mentioned yesterday, that, a close below $1770 will be a sell signal. What is the first symptom indicating a higher chance of that happens / or at least testing the 1770 level?

I would say, it is $1820. If that is broken, then there is a very high chance that Gold will breach the $1770 barrier.

However, till the above level is breached, Gold is said to be in the bullish mode.

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES