Gold above chart is Monthly candle Basis....
We should understand....supply or demand....if you start do homework...making money is easy task...
Gold in August 2011...it has hit the top yellow band and started falling....this is the first message gold uptrend is completed.
After closing below 1447 Dollar...further weak.....this is second message..
Now it is marching towards first yellow band i.e.951 is the final support....
Also...we should also understand, patience is necessary to make good money...
All scripts are moving only based on cyclical pattern....
Start doing homework.....plan your strategy with level and act...
Market is always right....we should wait for entry with patience..
Take Care...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.