2009-05-06

A look @ gold

Gold 4hChannel is up, however price may fall to 885+,
also note that the peak from 27th.04 ($918) was higher than the peak yesterday ($915).


Gold 1 dayDaily shows downtrend - blue and violet lines are parallel, even looks like they are not.
The red line form falling wedge - very bullish figure, but the price may fall to $850 before that.
Brown line may be support, but it was never tested - it once again go to $850 area.

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