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樓主 |
發表於 2010-5-29 05:47:29
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So, Gold closed in historical monthly high at 1,214.05 (From my chart).
Weekly, it is the 2nd historical high. But when stepping into next week, the 4 weeks MA will be quite near the price. If gold is trading below 4 weeks MA, then 4 weeks MA will become a resistance.
This week, the high is 1,218.1 (made on Thursday).
Friday, the high was 1,215 only..........it couldn't even break above 1,215.
The resistence at 1,215-1,218 area seem high. 1,217 is 0.618 (from 1,249.12 to 1,166.47)
Long holiday issue .......maybe part of the reason.
Next Monday, trading time at MW801 will be until 5 p.m. only.
Expect the market will be silent.
Next Monday, can try to sell at around 1,214-1,218 .......... cut loss above 1,220.
Target is 9 days MA...... around 1,200.
Next Monday, 4 days MA will be around 1,212.8 and the angle of this 4 days MA has become 無咁斜, because these 3 days only closed up a little bit. (若収市収低於4天線,4天線便傾向水平,若大跌,便向下傾斜)
Expect the range will be 1,200 - 1,218 on next Monday.
What I mean is....... may have chance to fall down......
but after fall down, it may still climb up to close at above 4 days MA.
As long as 4/9/25 days MA as in ascending order, first support will be 4 days MA..... if cannot hold......then the next support may be 9 days..... we can try to buy when price reach 9 days MA. If 9 days MA cannot hold, then the next support will be 25 days MA ar!
Next week, 9 days and 25 days MA will become closer.
If gold keep on moving higher, then 9 days MA will be still above 25 days MA.
If gold closed lower...... 9 days MA may drop below 25 days MA....to form a dead cross.
Not so good this way .......
So, gold, add oil to go up ar!!!
(Well.....you may not agree with what I write......... but this is my territory, so, I like to write what I think ar!!! Have a nice weekend!) |
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