Sunday, July 06, 2008

Gold Chart Update (GCQ8)

Gold continued higher and August Gold (GCQ8) traded between ~920$ and ~949$ .

Higher lows should probably follow : 850$, 860$, 875$ , ? ...

Resistance at : ~950$ , 960$ - 965$ and then 1041$.

Note the Fibonacci levels and diagonals.

August gold 8 hours chart

gold intraday chart (gcq8)

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