Monday, August 11, 2008

Gold for the Week August 11-15 - Rakesh Chandra

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

Upwave (4-5) WUT3: 917;
Upwave (2-3) WUT2: 902;
Upwave (0-1) WUT1: 877;

Price is bullish above weekly pivot point 861.77 and bearish below weekly pivot point of 852.33.

Down wave (0-1) WLT1: 837;
Down wave (2-3) WLT2: 812.

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