The madness of the gold

[postlink]http://gained11.blogspot.com/2010/12/madness-of-gold.html[/postlink]
The technical analysis of the gold and the silver
The gold
Gold

The price of 1382.00 and this what gives the probability of the continuation of to form the side continuing of the ascending trend reaching the level of 1402.00 then the level of 1413.00 and the second represents the rib correction of 88.6 % Xa and also the rib correction of 200 % Bc These expectations is should being dealt carefully, since the compromise composition is a descending composition by its nature and we now in the last the stages of to form the compromise model, that requires the stability of the discussion over 1372.00 dollars so that its probability remains existing .
The discussion levels of this today between the support level 1350.00 and the resistance level may be 1413.00
The short-term trend is low towards the below and the target at the level of 1208.00 firmly level of 1465.00

The support is 1388.00 1385.00 1372.00 1368.00 1362.00
The resistance is 1395.00 1402.00 1406.00 1413.00 1425.00
The recommendations according to what its above appeared on the diagram we believe that the purchase of the gold is around 1388.00 and reaping the profit at 1413.00 and stopping the loss with the closure of four hours under 1372.00 he may be suitable ً is this today .


The silver
SIlver

The price rose according to our expectations yesterday and we approach now the levels of 29.10 - 29.35, Stoukastik indication it is still showing for us a positive indication and see also that we in the wave the ascending C are still the last stages of the wave formation the higher B is the model of the flat wave the rank of the explained suggestion in the copy . We should know that the discussion over 28.15 maintains the probability of the ascending trend big and the discussion over 27.80 maintains the ascending trend a post
The discussion levels of this today between the support level 26.88 resistance level may be 29.60
The short-term trend is low towards the below and the target at the level

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