Gold

I am targeting around 1630 which looks very good to me. There are a few support levels, the 61.8 fib is at the same point and they are all very close to the ascending triangle breakout which I successfully traded which was approx 1624.

dl.dropbox.com/u/37955053/12-11-02%20Gold%20Ounce%20USD.png

1665-1675 looks ripe for a bounce?
gap, fib 50 and 200 zone



previous view (just lucky!)

Interesting analysis using COTS.

www.clivemaund.com/article.php?art_id=68

Their last call earlier this month was spot on.

Gee

G Gok
That person is talking about a triple top on gold.
I dont think he knows the meaning of a triple top?????
Gold is not in a triple top.
Triple top has to come at the top of a trend. Thats half way up.
Well thats the way i see things unless things have changed that im not aware of.

remo

Hi
Here is a bit of long term tech analysis of gold:

www.kitco.com/ind/Silva/20121024.html?sitetype=fullsite

Gee

Sold my gold positions for 13 & 14 pip gains.

RG you are 15 pips better of than yesterday all be it on a losing position, so it is a gain.

I hope and think it will go to 1800s & maybe 1900s but it probably wont go in a straight line,
good luck with your holding.