Sunday, February 17, 2013

MMM Weekend Update 2-17-13

Gold - In a very precarious, jeopardized position. Bulls will need to take advantage of a fairly low risk entry soon or else bears will swallow them whole. Minimum ST bearish while below 1640.00







Several Time fibo measures in the daily and weekly time frames are all pointing toward March 6th to the 11th on the daily and the week of March 10th on the weekly. Further drops into that turn date window could produce a significant bottom. A New Moon is also near the same turn window on the 10th.

Daily:




Weekly:




The QG3 Market Signal Service performed very well this week:



If you are interested in taking advantage of the QG3 Market Signal Service, you can sign-up here: http://majormarketmovements.blogspot.com/p/mmm-market-signal.html

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Silver - Also testing major support, Minimum ST bearish while below 30.60:



The QG3 Market Signal Service also provided good signals for silver:



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EUR/USD - In a QG3 bearish alignment about to test Key MT support. A break-down below 1.3159 could set up an eventual bearish HnS:




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All the Best to you,

Quad G