Let's look at each side of it. Gold channels is reduced. If gold fails to break 1316 resistance. Will be faced with a sharp drop.
In 2014/8/5. The highest increases are expected for gold. This calculation is done in the time frame of 48 minutes. By three points at the bottom., And an angle of 70 and a point above. About the conclusion we have reached. ( 1304.63 )
Silver are entering the last phases. (#6) This step is very important. For the main course will be determined later. Guess what it is. A big downfall for gold and silver on the way.
Gold is located between the two levels. And a breakdown of each. Gold will move to the same side But the support in 1222 will be more likely to break. Compared to the 1355 resistance.
Tense to decline in 1277, we expect to increase This can be increased to 1313 from 1316 levels.
Another 10$ reduced to 24 hours ahead. Following chart gives full details.
According to the previous analysis, we believe that the trend will continue down. The current wave is moving and we expect to be completed in the next two weeks. Expected to drop to the level in 1277 and then in 1261 we have. These objectives will be achieved. It easily and quickly.
Prices range from about 1279 to 1289 will be located at the weekend. Of course, by then a jump will happen again until 1306. These fluctuations are deceptive. In this week's price target for 1277 could be appropriate.
Gold will be seen in a different time frame in 1261. In all analyzes to arrive at a definite conclusion. The main trend is strictly decreasing. And hope to rectify this trend and move upwards not currently present.
After the areas # 1 and # 2. Now it has risen to the # 3. This area is available for less than two months. Then will drop to at least 1233. Because by then the price is expected in 1160.
This confusion will be resolved soon. Towards a side crash. Another way forward flight 1060 OR 1460
This week will be the price range between 1311 to 1277. Likely to break 1311 resistance was weak. This week, the state of the capital market would be reduced. So we prefer to remain in a position to sell.