Friday, August 15, 2008

MONTHLY GOLD CHARTS



gold chart for planning a buy. IT IS VERY NEAR THE STRONG SWING SUPPORT 10,800/-..as it was a major swing top of past, hope it stabilises here. ..any break here and a few closes below this will take gold sub 10 K levels..cheers and happy buying

WEEKLY TECHNICALS 18TH AUGUST

HAPPY INDEPENDENCE DAY TO ALL FRIENDS.

NF RANGE WEEK : HI- 4654 LO- 4425

WEEKLY CLOSE4437

S/R NEXT WEEK :4505

R1- 4585 R2-4793

S1- 4357 S2 4277

though the daily technicals have a downward break out, some more steam is left in the weekly technicals. buy on dips for a quick profit is advocated for this week.
HAPPY TRADING