Serkan G


FX:XAUUSD   Gold Spot / U.S. Dollar
743 29 1
1.1328-1320 LAST CHANCE FOR GOLD             TO GO UP
Answer eventuality???
Serkan G 42inciHakan
possible but to be sure wait till 1335.......otherwise it should be 1290
There are likely to be 1321 -1380??
Head and shoulder formations are used mainly on Daily charts, and at the top not at the bottom of a trend.
Unless it is an inverted Head and Shoulders, which is what people are looking at today.
Proof pull up a daily chart, the Left Shoulder is April low, the Head is July Low, the right shoulder Oct Low target near $1650.
In short I disagree with your analysis, and on a fundamental note, looking at your chart it is impossible to stay bellow $1300 because physical gold would be bought up by China and other Sovereign Wealth funds as at that price it becomes cheaper to buy on the market than to mine it.
Serkan G MRS Watanabe
this is the daily, i drew it 6 days ago......til now it came out.....never say never.....don't expect that China and India will buy gold......the festivals in India will start on 12/11/2013 but people say that they bought there gold already......maybe after Yellen her statement in front of the senate will change something....and i don't tell that it will go down....but if it wants to go up this is her last chance.....
do you know when Yellen's speech is ?
Serkan G bodrum.fatihi.7
14 or 17/11/2013 (but it will be 17/11/2013 i think)
then,can it be said that antil her speech gold wil down ?(but we do not know it will be bad or good news)or do you guess that ?
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