gold weekly update:
Seems bearish abcd pattern on weekly gold chart,am i wrong?Many will argue my view,anyway i stick to my view,this reversal pattern agree with candlestick formation and still valid as a strong reversal candle,if u review history it same with the gbp/usd pattern around 2007,see just click the link where i wrote with the red color,anyway for the best risk reward and money management,1150.00 should be a point to hold to verify that medium top already in place,and below 1000.00 would accelerate the gold lower around 850.00-----970.00 zone as a first target.
Dollar index weekly update:
While above 80.17 expect upside should continue toward 83.80.
Euro/usd weekly update:
While contain below 1.3580 next downside target should be around 1.30----1.3160 zone
Gbp/usd weekly update:
Below 1.5200 next downside target should be around 1.4490--1.4530 zone
usd/chf weekly update:
Above 1.0500 next upside target should be around 1.0850---1.0900 zone
Aud/usd weekly update:
Below 0.9150 next downside target should be around 0.8680
And lets compare usd/yen and 6j yen contract chart below:
6j yen cotract weekly update:
Below 1.1100 next downside target should be around 1.0600
usd/yen weekly update:
Above 91.50 next upside target should be around 93.80
p/s:will review and update more after monday
Posted by
millionaire |
Saturday, March 27, 2010
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crazy to say
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