Gold Chart For Coming Month

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Feb 13, 2010, 3:39:46 PM2/13/10

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Gold :: Formed an interesting bullish pattern..!! After made top in Jan 2010 in decline made an Falling Wedge bullish formation with end of Ending Diagonal pattern 5th leg.. May be with last 5th wave of Ending Diagonal, Gold finish first larger A leg of decline.. And start to move up as B leg, For conformation watch resistance level in between 1102 to 1125 .. Once Gold cross 1125 resistance level upper side target in between 1160 to 1165..Till then wait and watch for first breakout.. Avoid to enter near first strong resistance level..