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Sep 19, 2011

MCX, MCX TREND FOR TODAY 19 sep.

MCX, MCXINDIA, MCX TREND FOR TODAY 19 sep, mcx gold & silver tips 19 sep

MCX Gold Trend 19 sep:- SELL GOLD 28060 -28150, SELL SILVER 64800-64950
GOLD OUTLOOK TODAY 19 sep:-

On top of that we see that a symmetrical triangle is forming. It’s a bullish trend-continuation formation. Until Tuesday the rebound from the monthly support at 1765.4 is supposed to keep up. Again the logical first target is the lower line of the 3rd double arc at 1835. But since the monthly Signals are always extremely important (as mentioned above several times) the rebound from the 1765 might pulverize rapidly the daily resistances being willing to be headed for at least the upper line of the 3rd and therewith the upper limit of the symmetrical triangle at 1855 until next Thursday. Each closing price above the 3rd double arc will be a buy signal.
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