Thursday, July 21, 2011

Gold Intra

Here is a profile chart showing Gold traded on the MCX at current price at 4.30 IST.


Back on July 9th, I had spoken about multi month lows being put in Gold and a profile chart which projected moves to new highs for the year ( already done)

The intra chart posted above projects strength now above 23170 which should easily put 23220 within reach immediately.

Over the weekend I'll put up a bigger intermediate term chart, which clearly shows that this is the biggest bull market across popular instruments traded currently

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