Now Gold had really confirm Weekly TC of high with I had said on 15/9 , if it price not able to hold at about 1742 , I think it should be able to hold at it important support of 1696(red line), what happen if that too weak for the gold to hold there the next support will be around 1670.
The attach chart tell every thing Time cycle also work perfect.
Hold around 1739 . All the system I use was been tested for more than 50 time found work fine then I dare to say is a workable system or method . after that then i dare to tell friends my support or resistance.when just start try it found work may be that was just coincidence not really work .
Yesterday both the 1 hour and 4 hour gold charts, we can see both closed at 1733 the candlesticks showed these. i thing interpretation of 1733 also matched my own analysis. Gold Gold Gold every one mad on her , if she not able to push above 1760 and stand firm there I don't see any reason it will move further north , that mean we may able to see she go south to about 1710.
Wednesday, September 26, 2012
