Thursday, March 4, 2010

Gold & Silver Commodity Market 03-04

Commence with Gratitude to The Most Benevolent, The Ultimate Knower

Gold and Silver Index XAU, has not been able to clear, as illustrated in my previously post chart, the resistance set forth by the price/time cycle angles. GLD has also traded within the target prices. I believe that yesterday was the day, when time cycle has  triggered the price cycle on the hourly chart. Thus it shall create the change in the trend.

3 comments:

Johnson said...

Mr Syed
you keep knocking 'em dead.
Excellent call on gold forecast.

I got in XAU puts at the open and up $5,000 today. Thanks a lot

Shiela said...

I have shorted some GLd and some puts and made $1891.

Thanks mr syed

Shiela

Shiela said...

I should have traded XAU as well. I got chicken out

Shiela