Gold Today, April 20th, 2012
R2= 1650.30 (+9); R1= 1644.60 (+3.3);
P = 1641.30; S1= 1637.60 (-3.7); S2= 1629.40 (-11.9)
P = 1641.30; S1= 1637.60 (-3.7); S2= 1629.40 (-11.9)
Gold still running consolidation interval 1631 - 1658 (+ 27 Poin). My prediction, In the opening Bulls will attack to the fort R1 = 1644 to form upper tail, then Bears are waiting on the hill until the Bulls Power was Exhausted, the join the Bears on the Hill. remember this is friday, usually the trader and investor will check out in the Market for Holiday.
Major Trendline is Downtrend.
Prediction Candlestick : short tail and Long Body or long leg Doji
Scenario 2.
Join the Batte on the Valley (Low)
If the Power Buls getting Strong, Bulls predicted to continue the attack back on Fort P1 = 1641.
GTC : Buy / SellLiquid = 1632/1644 (+14), Stop loss = 1634 (-2)
GTC : Buy back /Sell Liquid = 1634/1644 (+10)
Prediction Candlestick : short tail and Long Body or long leg Doji
Scenario 1.
Join the battle with Army Bears on the Hill (High), if the Power Bulls was exhausted.
GTC : Shortsell / Buy Liquid = 1644/1632 (+12), Stop Loss = 1646 (-2)
GTC : Shortsell more / Buy Liquid = 1642/1632 (+10)
Join the battle with Army Bears on the Hill (High), if the Power Bulls was exhausted.
GTC : Shortsell / Buy Liquid = 1644/1632 (+12), Stop Loss = 1646 (-2)
GTC : Shortsell more / Buy Liquid = 1642/1632 (+10)
Join the Batte on the Valley (Low)
If the Power Buls getting Strong, Bulls predicted to continue the attack back on Fort P1 = 1641.
GTC : Buy / SellLiquid = 1632/1644 (+14), Stop loss = 1634 (-2)
GTC : Buy back /Sell Liquid = 1634/1644 (+10)
or alternatif Target Short term : + / - 3 points,
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Map of Gol Today, April 20th 2012 TF15
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