"POWER OF CHART"
We have written that if Gold crash $1610 then panic selling up to 1560 is not ruled out,today gold crash upto $1549 and bounce back .
Now below if gold crash $1555 level with volume then panic selling up to: our target will be $1431........is not ruled out.
please Read our posting on 24/09/2011:GOLD
REPORT
24/09/2011WEEKLY UP DATE: · ACCURACY OF OUR FORECASTING: We have writte about all global market that major fall is manipulative and news driven, and will bounce back soon yesterday “DOWJONES CLOSED IN GREEN”. · GOLD: GOLD AS FORECASTED CRASH:IF GOLD IS GOING BELOW $1860 THEN BEAR RALLY UPTO $1680 IS NOT RULED OUT ,YESTERDAY GOLD CRASH UPTO $1630 AND BOUNCE BACK. · If still gold crash $1610 then panic selling up to $1560 is not rule out.
NOW NEW CHANGE IN GLOBAL MARKET:
INVESTORS ARE BUYERS IN DOLLARS AND US TREASURIES DUE TO FOLLOWING FACTORS: PROBABILTY MAY BE:· EUROPEN INVETORS SEEKING PROTECTION FROM THE CRISIS IN EURO ZONE. · IF STONGER DOLLAR DOES IMPLY LOWER GOLD PRICE-(PRICE EFFECT –COMMODITY). · DOLLAR IS ALSO TRATED AS SUBSTITUED TO GOLD. (GOOD EVEIDENCE –IN 2007-2009-RECESSION PERIOD).
Now below if gold crash $1555 level with volume then panic selling up to: our target will be $1431........is not ruled out.
"ACCUMULATE WITH ANY MAJOR FALL GOLD
WILL BOUNCE BACK SOON"
TODAY BUY IF GOLD IS NOT SUSTAIN BELOW $1555 THEN BUYING OPPORTUNITIES ,WILL FLY UP TO $1596 UP TO $1675.
TODAY BUY IF GOLD IS NOT SUSTAIN BELOW $1555 THEN BUYING OPPORTUNITIES ,WILL FLY UP TO $1596 UP TO $1675.
please Read our posting on 24/09/2011:GOLD
REPORT
24/09/2011WEEKLY UP DATE: · ACCURACY OF OUR FORECASTING: We have writte about all global market that major fall is manipulative and news driven, and will bounce back soon yesterday “DOWJONES CLOSED IN GREEN”. · GOLD: GOLD AS FORECASTED CRASH:IF GOLD IS GOING BELOW $1860 THEN BEAR RALLY UPTO $1680 IS NOT RULED OUT ,YESTERDAY GOLD CRASH UPTO $1630 AND BOUNCE BACK. · If still gold crash $1610 then panic selling up to $1560 is not rule out.
NOW NEW CHANGE IN GLOBAL MARKET:
INVESTORS ARE BUYERS IN DOLLARS AND US TREASURIES DUE TO FOLLOWING FACTORS: PROBABILTY MAY BE:· EUROPEN INVETORS SEEKING PROTECTION FROM THE CRISIS IN EURO ZONE. · IF STONGER DOLLAR DOES IMPLY LOWER GOLD PRICE-(PRICE EFFECT –COMMODITY). · DOLLAR IS ALSO TRATED AS SUBSTITUED TO GOLD. (GOOD EVEIDENCE –IN 2007-2009-RECESSION PERIOD).
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