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樓主 |
發表於 2010-5-21 05:10:13
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Now is 5 a.m.
From my chart, gold closed at 1,182.1.
9 days MA at 1215.7
4 days MA at 1,195.9
20 days MA at 1195.9
25 days MA at 1185.5
That mean gold closed below 9 / 4 / 20/ 25 days MA.
Too bad........
If just base from chart, I really want to sell rather than buy........
Yesterday (Thursday) the highest price was still around 7 dollars lower than 4 days MA.
Today (Friday), if gold fall further, 4 days MA may fall below 20 days MA and form a dead cross........ that is a bearish signal.......
It is now below 0.50
0.618 will be 1,172.........
or.... it may fall to 1,157?
never say never !!!
These few days....... gold kept on falling..... as it failed to break above 1,250.....
The safe heaven function..... seem fade out.....
as people want cash........Cash is King!!! |
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