GOLD September 5, 2011. ZUP & APL`s technical analysis. Intraday trading.

Gold h1
Minuette Wave Level
GOLD price ran into resistance median of Minuette Wave Level pitchfork at the level of 1896.30. This level will be crucial for further movement of the instrument. Today, September 5, 2011, the following intraday scenarios are possible:
->rollback from the resistance level 1896.30 ML of Minuette Wave Level pitchfork -> moving within the boundaries of dynamic Minuette Wave Level pitchfork to 1872.86 on the lower border of ISL38.2 of static Minuette Wave Level pitchfork equilibrium zone; the break of this level and the support level of 1865.69 on the median of dynamic pitchwork of Minuette Wave Level will promote the target level of 1832.33 on the end line of dynamic Minuette Wave Level pitchfork and then -> the levels of 1/2ML channel boundaries of static Wave Level Minuette pitchfork 1810.37 <-> 1785.70 <-> 1761.03;
->the break of static Minuette Wave Level pitchfork median on the level 1896.30 and overflowing the boundaries of dynamic pitchwork of Minuette Wave Level will determine the target on the upper border ISL61.8 of equilibrium zone of static Minuette Wave Level pitchfork, the level 1927.42 and, as a prospect, leaving the equilibrium zone to reach the level 1869.00 of ISL76.4 signal line of static Wave Level Minuette pitchfork.