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Analysis as of Gold on 16 Oct, 2006
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Old 10-20-2006, 05:22 AM
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Default Analysis as of Gold on 16 Oct, 2006
Following is the analysis of gold done by David Kolachi on 16th Oct.,2006.Since then gold has risen 1000 pips.


"Daily Chart:
Looking at the daily chart we see that ema21 has been rejected by ema200 , therefore wma5 has been called back by ema21 to follow.There are fair chances that price may touch ema 100 at 604."
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