MARCH 2013

GOLD

MONTHLY OPEN: $1579.6
MONTHLY OPEN STATUS: BEARISH 100%

ORDER TO OPEN: $1615 SELL

POSITIONS OPENED: 
12 MARCH JUN13 $1300 PUT
12 MARCH JUN13 $1400 PUT

14 MARCH BUY@ $1590.82 STOP @$1584.82

NOTES: ANTICIPATED POSSIBILITY OF SEVERE DECLINE IN GOLD NOT MATERIALIZED DURING MARCH. HOWEVER DESPITE BULLISH SHORT TERM SETUP PRICE HAS FAILED TO RISE ABOVE ANTICIPATED RESISTANCE.

BUY POSITIONS/ORDERS TO OPEN WILL BE POSTED AFTER 22:00 HOURS EACH DAY. ALL SHORT TERM BUY POINTS ARE ACTED UPON DESPITE OVERALL MARKET STATUS. HOWEVER MARKET STATUS VALUE IS USED TO DETERMINE RISK ALLOCATION.

ALL DATA SUPPLIED BY: GFT ALGO.