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Currency Strenght

Sunday, 16 June 2013

GOLD Will The Precious Metal Make a Move





The News 
We Should be looking for any talks and speculation of the tappering off of QE 




As Simple as A-B-C on 4hour Hour time Frame we are looking for a splash up to the upside to
 challenge the minimum target of B @ 1395 a break of here will call for further advancement by the bulls as the pattern completes and the bulls make an attempt to move towards the 1409 50% Daily Fib


Hourly We have a smaller ABC patter Completion 
Resistance at 1390
Support @ 1388

A break of 1383.43 will invalidate this idea and we should see a test of the 
Lows 1378 and then possible 1372 support Zones



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