Sunday, May 17, 2009

GOLD to see lower prices this week down on 18th, in trading range for next 2-3 days and down again by 21st May'09

Last week GOLD followed the alternative scenario posted and this week it will see a pullback lower.

It will be likely down on Monday 18th May, then possibly in range for 2-3 days and going lower again by 21st May.

May 21st should be buying time again in GOLD









Abhay

2 comments:

  1. Just as projected on the chart, GOLD price is down about $10 form high on 18th May'09. I now expect GOLD to move up from today's or early 19th May's lows to 22nd or 23rd May. It will be a good selling point on 22nd or 23rd highs..



    Abhay

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  2. I am glad to see your posts in 1 site. I will be following your work with great interest.

    I have studied most of the technical stuff. Now it is time for me to look into the time factor.

    Jack

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