we are writing since last two-day's,world indices will bounce back soon,now all media and channels are showing the news and reasons for bounce back.
GOLD UPDATE:ACCURACY OF CHART ANALYSIS
In July 2011 we have written " Honeymoon period of gold "as per our forecasting gold has gone up to + $1900 and crash less then $1550.-short term-accuracy of chart analysis.
In August 2011 we have "FORECASTED about gold new high will be $2100,then $2600".
Just save this line on your desktop very soon gold will make new high of .....$2100
"All rally are manipulative even if its down side
or up side-do not sustain for long period trade with
trading levels and market trend "
Dow Jones Industrial Average(world’s trend deciders)
2nd Resistance Point ( maximum level) 10,908.06
1st Resistance Point (sell) 10,852.94
Last Price (current) 10,846.03
1st Support Level (buy) 10,740.40
2nd Support Level (Downside) 10,682.98
05/10/2011 INTRADAY TRADING LEVELS | Dow Jones | S&P500 | Nasdaq 100 | Gold |
BULL RALLY | 11246.3 | 1175.47 | 2219.72 | 1733.3 |
UP BREAKOUT | 11100.4 | 1158.3 | 2189.55 | 1694 |
SELL | 10954.6 | 1141.12 | 2159.38 | 1654.8 |
PIVOT | 10679.5 | 1107.95 | 2101.14 | 1630.7 |
BUY | 10533.7 | 1090.77 | 2070.97 | 1591.5 |
DOWN BREAKOUT | 10258.6 | 1057.6 | 2012.73 | 1567.4 |
BEAR RALLY | 10112.8 | 1040.42 | 1982.56 | 1528.2 |
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