Gold Turning Direction

Thursday, August 19, 2010 at 11:00 PM
US stocks Opened down slightly on Thursday after first time Jobless Claims Rose in the latest week.
And we know about Gold Market touch the High Point 1237.57 and Low is 1227.86

Gold Chart in 30 minute it's going to down, Be carefully to put NEW Sell Position.

30 Minute Chart

Don't make greedy to put Position in Sell, because if we see in 1 Hours they start to Up again.

Hourly Chart

And if you see Gold Chart in Daily it's still Up Trend.

Daily Chart

Pivot Point:

R3: 1247.49
R2: 1242.53
R1: 1237.78
Pivot Point: 1232.82
S1: 1228.07
S2: 1223.11
S3: 1218.36

I closed my old Position and in Profit...Smile....:)

Good Luck and Take Care.

Trend GOLD

As we know about Gold market, today Wednesday, August 18 2010 at 11:45 PM

My Prediction is True, Gold going to the High Point 1232.42
I got in profit now, but i don't want to closed it. I am waiting he going to 1243.90 (High point in 02 July 2010 Time: 3.59 AM)

Pivot Point:

R3: 1250.54
R2: 1241.48
R1: 1235.61
Pivot Point: 1226.55
S1: 1220.68
S2: 1211.62
S3: 1205.75

And If BREAK Point 1234.46 it's bad for seller (**. if he don't have a good Equity - Free Margin)

1 Hours Charts:

Big move Gold Market in 1 hours chart. He Break the High Point 1232.42

Daily Charts:

In Daily chart Gold Market still Strong to UpTrend.

Good Luck and Take Care.