Twiggs Money Flow Indicator this morning.
"Gold broke through resistance at $1260 and is now retracing to test the new support level. Respect of $1260 would signal a primary advance to $1360*. Reversal below $1240 is less likely, but would warn of a correction to primary support at $1160. Twiggs Momentum (21-day) retracement that respects the zero line (from above) would confirm the primary up-trend.
* Target calculation: 1260 + ( 1260 - 1160 ) = 1360"
So far tonight it seems that 1260 is history.
- Forums
- ASX - By Stock
- GOLD
- testing the breakout point
testing the breakout point, page-10
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online