JI
jimkane
Rep: 3,058
Posts: 33,089
My best read/area ever? High was 92.70 by my data... Dropped on the last day of the month...
Posted-02/22/2012 : 22:06:00
Originally posted by jimkane
On that note, gold is also coming into an incredible area up in here. I don't like 'W2' areas off all-time highs, as I've mentioned, but I surely watch such key spots when they really come together. For gold, I will give very appx. areas here, just to frame it up for those who want to do daily/weekly workups here. I'm purposefully not laying out my exact areas. Do the work.
The first area is let's say from the 1783 high it just hit to the low 90's. Keep in mind, this is a weekly area, with some daily influence. The next full level is around 1840. In between there is a minor level around say 1810 plus or minus the weekly/daily tolerance. Somewhere in this entire area something big could happen. Note that 1920.70 is the all-time high by my data. My best time factor is anywhere from here to the end of the month.







