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After having cocooned for many weeks – seemingly safe – above the horizontal 1620-1625 support, last week gold suffered the break of that support with a tremendous bang going to a plunge down to the actual 1571 lows. Since even the important 1600 mark we had worked out in the last issue was broken downwards almost effortlessly, in the course of next week the important 1555-1557 support will be headed for:

 

Current GUNNER24 Setups
 MonthlyWeeklyDaily4 Hour
S&P500G24UpG24Downnone1271998618G24UpG24Downnone1265733543G24UpG24Downnone1328746814G24UpG24Downnone1336326721
DOWG24UpG24Downnone1271998730G24UpG24Downnone1282070209G24UpG24Downnone1328118343G24UpG24Downnone1336326700
NQ 100G24UpG24Downnone1263452647G24UpG24Downnone1263900290G24UpG24Downnone1326988478G24UpG24Downnone1336326740
DAXG24UpG24Downnone1271998544G24UpG24Downnone1281333787G24UpG24Downnone1328118314G24UpG24Downnone1335764631
EuStoxxG24UpG24Downnone1271998590G24UpG24Downnone1263900385G24UpG24Downnone1336379613G24UpG24Downnone1334207157
GoldG24UpG24Downnone1263900700G24UpG24Downnone1328603859G24UpG24Downnone1332221894G24UpG24Downnone1336495308
SilverG24UpG24Downnone1265316502G24UpG24Downnone1328603769G24UpG24Downnone1332486781G24UpG24Downnone1336495335
EUR/USDG24UpG24Downnone1265733434G24UpG24Downnone1325324059G24UpG24Downnone1315493248G24UpG24Downnone1333554429
USD/JPYG24UpG24Downnone1265835655G24UpG24Downnone1281332644G24UpG24Downnone1332832247G24UpG24Downnone1335764310
Last Update: 2012-05-08 18:42 CEST
Recently updated: Silver 4 Hour
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