Sunday, June 22, 2008

XAU Chart Analysis

The Philadelphia gold and silver index is still consolidating within a 50 points range (160 - 210). The 200 and 50 daily moving averages closing on each other, both downtrend and uptrend lines still valid.

Important cyclical lows : August 2007 , December 2007 and May 2008.

Important cyclical highs: March 2008, May 2008.


XAU index logarithmic daily chart

xau chart

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1 Comments:

Anonymous Anonymous said...

How 'bout an update? :)

Monday, June 30, 2008 2:52:00 PM  

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