Archives pour la catégorie Or

Gold: towards 818 USD / Oz?

Long term: towards MQ

On a yearly basis: a type II is in progress. LY could continue to decline with a bullish T9. This PEI is the strongest that we know. Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress. A bearish no-crossover is in progress with our stochastic. MACD is overbought. LM should fail as a support, MQ is our next objective.

On a monthly basis, UM / LM spread is under the 2005 level. A bearish no-crossover is the status for our MACD. The status for our moving averages will be a type A.

Idea: monthly MACD as a leading indicator

Bet: as long as our monthly stochastic is not oversold, MQ is our main objective.

R= MM (1661);    S= 1520 support, MQ (1332), PY (818) if quarterly MACD  is not oversold on MQ.

Medium term: bearish?

On a weekly basis, if the status for our stochastic is overbought, a PEI will be the status for our MACD. Then a sell-off will develop.

Idea: use our weekly MACD as a leading indicator

Bet: Bearish as long as PW= resistance. Technical recovery as long as MW= resistance.

R= PW (1613.7), MW (1638.8);   S= current low (1540)

Short term: a type II could develop

On a daily basis, UD / LD spread is expending. A PEI is the status for our MACD.

Idea: bearish trend with a PEI as a status for our moving averages

Bet: UD trend will continue to rise.

R= MD (1617);   S= 1540, —

Conclusion: only a technical recovery as long as MD= resistance.

Gold: towards MQ (1334)

Long term: towards MQ

On a yearly basis: a type II is in progress. LY could continue to decline with a bullish T9. This PEI is the strongest that we know. Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress. A bearish no-crossover is in progress with our stochastic. MACD is overbought. LM / PQ should fails as a support, MQ is our next objective.

On a monthly basis, UM / LM spread is under the 2005 level. A bearish no-crossover is the status for our MACD.

Idea: monthly MACD as a leading indicator

Bet: as long as our monthly stochastic is not oversold, MQ is our main objective.

R= MM (1662);    S= LM / PQ (1555), MQ (1334)

Medium term: weak

On a weekly basis, our stochastic is oversold. As long as PW proves to be a resistance, the rise in progress is only a technical recovery.

Idea: use our weekly MACD as a leading indicator

Bet: weak as long as MW= resistance.

R= PW (1619), MW (1648.6);   S= LM / PQ (1555),

Short term: without trend

On a daily basis, TAM tools are neutral.

Idea: use our daily stochastic as a leading indicator

Bet: weak if MD fails as a support.

R= UD (1617);   S= MD (1594.9), LD (1574)

Conclusion: weekly technical recovery above PW (1619)

Gold could collapse

Long term: towards MQ?

On a yearly basis: a type II is in progress. LY could continue to decline with a bullish T9. This PEI is the strongest that we know. Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress. A bearish no-crossover is in progress with our stochastic. MACD is overbought. If LM fails as a support, MQ is our next objective.

On a monthly basis, next month, UM / LM spread will be under the 2005 level. A bearish no-crossover is the status of our MACD. If LM fails as a support, a bear trend could emerge.

Idea: focus on PM and UM trend

Bet: MQ as a support, is it a really stupid question?

R= MM (1672);    S= PQ (1555), MQ (1300)

Medium term: a bearish parallel in March 2013?

On a weekly basis, no bearish parallel could develop in February. In March, no NEI will be in progress.

Idea: use our weekly MACD as a leading indicator

Bet: weak as long as MW= resistance.

R= MW (1692);   S= PQ (1555),

Short term: lower

On a daily basis, Bollinger bands spread is expending. No PEI is in progress with TAM tools.

Idea: use our MACD as a leading indicator

Bet: Paradise for CFD traders.

R= MD (1661);   S= current low (1598), MACD oversold

Conclusion: lower without bearish pattern.

Gold: weak for some wweks

Long term: a technical correction is not ruled out

On a yearly basis: a type II is in progress. LY could continue to decline with a bullish T9. This PEI is the strongest that we know. Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress. A bearish no-crossover is in progress with our stochastic. MACD is overbought.

On a monthly basis, a bearish no-crossover is the status of our MACD. A bullish no-crossover is the status of our moving averages.

Idea: end of the bull trend if MQ fails as a support

Bet:  LM is our main support.

R= UM (1787);    S= PQ (1555), MQ (1301)

Medium term: weak

On a weekly basis, Bollinger Bands spread is a reference one. TAM tools will stay weak for some periods.

Idea: use our MACD as a leading indicator

Bet: weak as long as MW= resistance.

R= MW (1703);   S= LW (1627), LM (1560)

Short term: lower

On a daily basis, Bollinger bands spread is minimal. No PEI is in progress with TAM tools.

Idea: use our MACD as a leading indicator

Bet: nothing to do.

R= MD (1674);   S= LW (1627)

Conclusion: lower without a bearish pattern.

Gold: no main trend this week

Long term: a technical correction is not ruled out

On a yearly basis: a type II is in progress. LY could continue to decline with a bullish T9. This PEI is the strongest that we know. Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress. A bearish no-crossover is in progress with our stochastic. MACD is overbought.

On a monthly basis, the bullish parallel pattern is over since May 2012. A bearish no-crossover is the status of our MACD.

Idea: end of the bull trend if MQ fails as a support

Bet:  LM is our first target.

R= UM (1799);    S= LM (1534), MQ (1301)

Medium term: neutral

On a weekly basis, Bollinger Bands spread is a reference one. TAM tools are up and down.

Idea: use our stochastic as a leading indicator

Bet: within two weeks, a main trend could emerge.

R= MW (1715);   S= LW (1639)

Short term: without main trend

On a daily basis, a bullish no-crossover is the status for our stochastic and MACD.

Idea: use our stochastic as a leading indicator

Bet: our stochastic and MACD could be overbought tomorrow.

R= UD (1680.5);   S= MD (1662.3), LD (1644.1)

Conclusion: wait.

 

Gold is not yet bearish

Long term: a technical correction is not ruled out

On a yearly basis: a type II is in progress. LY could continue to decline with a bullish T9. This PEI is the strongest that we know. Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress.

On a monthly basis, the bullish parallel pattern is over since May 2012. A bearish no-crossover is the status of our MACD.

Idea: end of the bull trend if MQ fails as a support

Bet:  LM is our first target.

R= MM (1666);    S= LM (1534), PQ (1514), MQ (1301)

Medium term: lower without a bearish trend

On a weekly basis, Bollinger Bands spread is a reference one. A NEI is the status for our monthly moving averages.

Idea: use our MACD as a leading indicator

Bet: LW could fail as a support.

R= MW (1715);   S= LW (1638), LM (1538)

Short term: lower

On a daily basis, a bearish no-crossover is the status for our moving averages.

Idea: use our MACD as a leading indicator

Bet: our stochastic and MACD could be overbought tomorrow.

R= MD (1726.8), UD (1746.4);   S= LD (1707.1)

Conclusion: lower.

Gold: could drop next week.

 

Long term: higher

On a yearly basis: a type II will be the status at the end of the period. Next year, LY should continue to decline (9 periods). Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress.

On a monthly basis, the bullish parallel pattern is over since May 2012.

Idea: use the monthly MACD as a leading indicator

Bet:  a technical correction is not ruled out for some months.

R= UM (1809);    S= MM (1662), PQ (1514)

Medium term: towards LW if MW fails as a support

On a weekly basis, Bollinger Bands spread is maximal. A PEI is the status for our stochastic and MACD.

Idea: LW as a target if MW fails as a support (at the close)

Bet: below MW.

R= PW (1777);   S= MW (1703.6), LW (1591.6)

Short term: bearish pre-parallel?

On a daily basis, Bollinger Bands spread is minimal. No PEI could develop with TAM tools. If LD proves to be a support and MD acts as a resistance, a bearish pre-parallel pattern could develop.

Idea: weak as long as MD= resistance

Bet: choppy next week.

R= MD (1726.8), UD (1746.4);   S= LD (1707.1)

Conclusion: wait.

Gold is weak

Long term: higher

On a yearly basis: a type II will be the status at the end of the period. Next year, LY should continue to decline (9 periods). Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress.

On a monthly basis, the bullish parallel pattern is over since May 2012.

Idea: use the monthly MACD as a leading indicator (weak bearish no-crossover in progress)

Bet:  a technical correction is not ruled out for some months.

R= UM (1821);    S= MM (1636.7), PQ (1527.1)

Medium term: technical correction

On a weekly basis, our MACD is overbought.

Idea: use our weekly stochastic as a leading indicator

Bet: MW as a first target.

R= MD (1743.7);   S= MW (1670.5)

Short term: lower

On a daily basis, TAM tools are not up.

Idea: use our MACD as a leading indicator

Bet: the trend of SAR will give the strength of the move.

R= MD (1743.7);   S= MW (1670.5)

Conclusion: as long as MD= resistance, MW could be a target.

Gold: weak

Long term: higher

On a yearly basis: a type II will be the status at the end of the period. Next year, LY should continue to decline (9 periods). Expect to use Dow Jones 1980 / 2000 bull trend as a benchmark.

On a quarterly basis, a bullish parallel pattern is in progress.

On a monthly basis, the bullish parallel pattern is over since May 2012.

Idea: use the monthly MACD as a leading indicator

Bet:  a technical correction is not ruled out for some months.

R= UM (1824.4);    S= MM (1637.7), PQ (1527.1)

Medium term: toppish

On a weekly basis, a rise developed with a NEI on the monthly time frame.

Idea: use our weekly MACD as a leading indicator

Bet: MW as a target with an overbought status for our MACD.

R= 1796;   S= MW (1660.3)

Short term: lower

On a daily basis, Bollinger Bands are expending with a NEI on the weekly time frame.

Idea: use our MACD as a leading indicator

Bet: A bearish pre-parallel could develop.

R= MD (1767.8);   S= MW (1660.3)

Conclusion: as long as MD= resistance, MW could be a target.