8-11Gold: long defiance get into clouds divergence suggests 50 dollars' potential.(w
8-11Gold daily chart analysis:
In 1/daily chart(formed by high and subhighs of 63 K sticks from 2006-5-12 to 2006-8-9, abbreviated by clouds the thickness is 8.70 dollar), yesterday the long has entered into the clouds by a red closing bozu and if break above the clouds and stands above the clouds in the next few days, there will be for the long position and the potential for the long will be 50 dollars.
In 2/daily chart, A and B points have formed divergence. According to the rules concluded from《 7-27is there divergence today(dialogue about Rsi with beefsteak/gold technical analysis chart)》, gold the narrow consolidation in the daily chart will come to an end and a heated oneway movement will be unfolded.
Suggestions: 1/ (including tomorrow, the day after tomorrow and the next day after tomorrow )if the future price closes above 651.20, can moderately follow and buy long
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