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樓主 |
發表於 2011-8-12 10:53:29
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Based on 11th August data, I list up Pivot Point Calculation as follows:
R3: 1,891.48
R2: 1,853.16
R1: 1,808.53
Pivot Point: 1,770.21 <-- Important!
S1: 1,725.58
S2: 1,687.26
S3: 1,642.62
I guess the Pivot Point 1,770.21..... will now act as resistance.
1,747 (today's bottom so far) and 1,731 (last night low) will be 2 support before 1,725.
If stocks remain stable and US data tonight are in line with forecast, may give some pressure to Gold....... as CME increased its margin level.....and French rumor seem calm down..... and SPDR decreased its holding for 3 consecutive days (9th, 10th and 11th August).
Yesterday Gold closed at 1,763.9 (my chart).
If today closing is lower than that........ that will complete a key reversal pattern (higher high with lower closing, then the next day close even lower). |
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