Saturday, October 30, 2010

Gold Completes Corrective Advance

Document2_1_body_101029_090517_CQG_IC_Screen.png, Gold Completes Corrective Advance bars 60 Minutes prepared by Jamie Saettele "decrease with highly impulsive indicates that a larger trend has reversed. Pop over 1350 meets the expectations of the wave 2 or b I prefer underrated. 1280 (objective c wave) is preliminary support for a break in 1315. As gold accelerates the lower USD should be visible to a sudden increase. Additional capacity in the near term should be visible for resistance to 1360 (61.8% Fibonacci).

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