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Author Topic: Gold about to sell-off??  (Read 625 times)
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tommans
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Karma: 7
Posts: 35
« on: Monday, March 05, 2012 - 16:18 »
Looks like this past week a lot of action happened on Gold. Some very interesting developments on the weekly and monthly charts.

Gold Prices about to crash?

http://razorsforex.blogspot.com/2012/03/gold-prices-about-to-crash.html
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tommans
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« Reply #1 on: Tuesday, March 06, 2012 - 15:06 »
So far gold is coming down quite well. Lets see if there is any more selling?
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Black Knight
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Posts: leet


Mitakuye Oyasin


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« Reply #2 on: Wednesday, March 07, 2012 - 11:55 »
 
Some potential targets to watch http://fx-knight.com/smForum/index.php?topic=2549.0
(assuming we find resistance later today)
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tommans
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« Reply #3 on: Wednesday, March 07, 2012 - 15:14 »
I think if a good retracement happens the 1695 araa should act as resistance now.
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tommans
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« Reply #4 on: Wednesday, March 14, 2012 - 15:19 »
And here comes the second leg of the sell-off in Gold.
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Black Knight
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Mitakuye Oyasin


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« Reply #5 on: Wednesday, March 14, 2012 - 19:43 »
 
Also good opportunity to draw a Fib  Wink
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Disney
Pro Member
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« Reply #6 on: Friday, March 16, 2012 - 00:51 »
Gold trading has been ranging since August 2011. Its is currently in the down cycle of the range on the weekly chart.
My fib target on the daily is 1618 level, which is the weekly R3 pivot.
« Last Edit: Friday, March 16, 2012 - 20:46 by Black Knight » Logged
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