Thursday, April 15, 2010

Gold Market Thought 15042010

Resistance: [1168,1180 ]

Suport: range [1127, 1134] and 1146

Short-term above 1146 (hourly chart) trend bullish can expect new attack to range [1168, 1180] must important resistance (and the last resistance) before the high of the year 1225.

If close hourly below 1146 can expect test next suport area range (1127,1134]

Below 1127 daily chart expect new test EMA200 around 1097.

Good luck folks.



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