Wednesday, June 11, 2008

Gold for the Week June 9-13 - Rakesh Chandra

Pivot, lower target and upper target is valid for the current week only.

Upwave (4-5) WUT3 : 935;
Upwave (2-3) WUT2 : 927;
Upwave (0-1) WUT1: 913.

Price is bullish above weekly pivot point 903.87 and bearish below weekly pivot point 898.53.

Downwave (0-1) WLT1: 890;
Downwave (2-3) WLT2: 876;
Downwave (4-5) WLT3: 867.

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