Saturday June 19, 2004 - 08:17:07 GMT
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QIndex - www.qindex.com
Spot Gold : A Strong Pullback is Imminent
Spot Gold (22-Day Cycle) : The pattern of my 22-day cycle charts suggest that the market is likely to trade between 383.5 - 396 initially next week. The distribution profile of my probability chart indicates that the market has a tendency to trade between 358.6 - 396. Speculative selling pressure will increase if the market is trading below 383.5. A projected barrier is located at 371.1 - 377.3.
... 352.5 // 358.6 - 364.9 - 371.1 // 377.3 - 383.5 - 389.8 - 396 // 402.2 ...
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