Ghamdan

Ghamdan

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

Ghamdan

histogram of Comparison makes them easier to monitor

Ghamdan

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

Ghamdan

its going down

Ghamdan

As it s shown there pound dollar is facing a major Trend resistance and it is heading towards a breakout

Ghamdan

Here you go this is my speculation and analysis of this tool so far i am just sharing it for an idea

Ghamdan

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

Ghamdan

a down trend made gold fall today ! if trichet speach is bad it wont go down !

Ghamdan

Channel bottom support pushing phm back up to long targetting 20 levels good luck !

Ghamdan

break down of a trend and looking good so far before it even broken !

Ghamdan

this is a better position and timing

Ghamdan

Going up ! mark me words after hitting that trend and broken resistance Good luck !

Ghamdan

We are going back down again !

Ghamdan

from the same ole trend ! :D

Ghamdan

Woohoo break and retest high volume lets go up !

Ghamdan

break up of a resistance retests and about to fly !

Ghamdan

as said above ! just follow the big guys ehm me :D

Ghamdan

Confirmed breka of flag formations ! congrats for profit in advance