FOREX TRADING - GOLD October 6 , 2010 - Midday Report
Gold
Midday Report
As we discussed this morning, the overall harmonic pattern of AB=CD is bearish pattern but we still need a breakout or a daily closing below 161.8% Fibonacci projection for the BC leg at 1332.00 to make sure that the direction reversed. Stochastic shows overbought sign but we still keep our neutral outlook
Wednesday, October 6, 2010
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