Thursday, June 2, 2011

Gold Rally




With problems in Euorpe refusing to subside and dollar continuing to weaken, Gold rally doeasnt look ending anytime soon. technically its following a trend line and has nor closed below that trend line in last 3 months. ideally it should test the highs 1580 and then decide the big move on either side.A close below the trnd line might ensue a sell off but 1470 and 1450 levels would be crucial.

No comments:

Post a Comment