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Friday, October 15, 2010

GOLD October 15 , 2010 - Morning Report

Friday, October 15, 2010
FOREX TRADING - GOLD October 15 , 2010 - Morning Report
Recommendation GOLD
Technical GOLD
GoldMorning Report

gold15

When the BC leg corrects 50 of A in an AB=CD pattern, the second PRZ -possible reversal zone- forming D point is 200% of BC. Gold closed yesterday above this level at 1372.00 and therefore the metal might extend towards 261.8%. We also expect further intraday bullishness today,

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