Hi DIL, Ive been using Iress for a number of years.
Ill assess in the AM Bingy...but if gold breaks below 1450 then 4065 will be too early to muster support I think... As I thought WILD RIDE......under your technical call, question, if it opens below 4065 is the gap considered filled regardless of the movement post open?
Have gone short the XJO and NCM
Current theory The upgrade of the nuclear disaster from Japan could trigger and excuse of a pullback market wide, the current exclusion zone is 30 kilometre radius surrounding the plant at Chonobyl.
In Japan (30Klms)is a huge area of heavy population, if this exclusion zone is applied then there wont be the demand for the rebuilding of the area as people will be kept out, that will put a drag on World GDP and scare people I suppose, that will bring back markets which have soared and Gold wont exscape...have to wait and see
NCM Price at posting:
$41.10 Sentiment: ST Sell Disclosure: Held