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dindindon

05/22/15 11:03 AM

#23734 RE: dindindon #23713

Misc.

(1) Gold

data: http://www.investing.com/commodities/gold-historical-data

Gold jogs in between the Resistance and support

retracement (1232.00-1146.50) (05/20/15)
1199.34 support
1184.61 critical support
1211.82 resistance

Date---High-Low
05/22 1214.40, 1201.20 ongoing
05/21 1212.40, 1200.80
05/20 1213.20, 1202.70

(2) GDX

session High/low 20.06/19.82, ongoing
supports 19.73-19.55 (05/21/15)

retracement (21.25-19.82)
resistances:
20.16 – imho: minimum number to be bullish
20.08

chart: http://forexrainbow.com/images/22110702118611006830.jpg

(3) SPX

one cyclist projected the bull window from 05/18-05/22, gives +.., getting closer... Time will tell.

(4) Shanghai index

New high again, waiting for signals to enter FXP.
China are holding a few “good incentives” cards on hand (such as allow retirement funds entering the market conditionally), market heat wouldn’t fade quickly (Unless the “crisis” in the South China Sea goes out of control.
link - US warns 'next step' could be to test Beijing's territorial claims in South China Sea )




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dindindon

06/04/15 11:29 AM

#23872 RE: dindindon #23713

06/04/15 GDX & GOLD

(1) GOLD short term bearish

Gold Futures - Aug 15 (GCQ5)
session low 1,172.50, ongoing
http://www.investing.com/commodities/gold-historical-data

retracement: 1232.80 (05/18) - 1146.50 (03/11)
resistance:
0.618-1179.47
supports:
0.707-1171.79
0.764 -1166.87
0.786-1164.97

(2) GDX short term bearish

GDX session low 19.04, ongoing
0.500 19.27 (21.25-17.29)
0.618 18.80
0.764 18.22


05/22 imho: minimum number to be bullish: 20.16
05/21 supports 19.73-19.55