The Gold in October 2009

 
Sept 17 marked a top of the gold, when transiting Sun came in exact opposition to Uranus, joining Saturn at 24 Virgo. This conjunction blocked the uptrend, which came after breaking away from the triangle pattern I showed in my previous article.
 
Support line now is at 986, expected target: 1055-1085.
 
 
One should watch the DMI- if the red line will go above the green one, will show a change in trend
For changes in trend, and planetary events, pls click here.
Most important day this month –for gold traders – is Oct. 13, when Jupiter turns direct. This change in direction for sure will mark a change in trend 
 
28.9.09
 
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