Monday, August 8, 2011

Askchirag.com

Askchirag.com

Gold & Silver Charts , Gold Could be near a short term top

Posted: 07 Aug 2011 10:50 PM PDT

Gold Makes a Run away , Exhausation gap at open today and manges to Cross the Longterm weekly Resistance of 1684 which was very Crucial level For bears , Expecting  high Volatility in Intraday Now coz of short Covering Which can take prices up will 1707--1716 , which Co-incides with wave Levels of 5=1 . A Failure to close abv 1716 Could be indiaction of Medium term top in Close and Push Prices DOwn till 1525 which would be 23.6 % retracement of Complete Move of decade , if we C the Prices pushing Higher abt 1716 could be a extended 5th which can go higher till 1781 than




Silver : Explanation on Charts
Posted by Suresh at 9:23 AM

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