Gold Technical Precious Metals (2011-04-15)

Morning Report Gold inclined aggressively, touching the first detected technical objective at 1474.00, while the positivity continues appearing on Stochastic despite RSI is very close to the value of 70.00. This incline is the best proof that the extended technical target of CD leg of the butterfly pattern is underway. In the interim, the bearish harmonic AB=CD pattern seeks for a completion at

http://bit.ly/f6I6XJ