gold

[aamer]

Gold yesterday rallied in the downside direction with high levels of volume to break the major support level at 970.00 reaching the key support level in the downside at 961.90s. The metal then managed an upside move to return to the opening level showing a neutral pattern. Today we expect gold to progress in the upside direction as well.

The trading range for today will be between the key resistance at 1000.00 and the key support at 950.00.

The general trend is up as far as 810.00 remains intact targets now at 1000.00 and 1170.00

[james]

well let's hope your statement will come true
gold market have to improve as quick as possible
what u think aamer?

[sango]

gold though showed a lull for the past few weeks is sure to hit a new high by september.

[trader4ex]

i think gold prices are going to hit 15000 soon,
what u think?

[jamlink]

i think gold prices are going to hit 15000 soon,
what u think?

You mean 1500,right?..I think 1200 is more likely.sm_win

[lifesdream]

yes 1200 is the max possible move up this year

[nicks]

i think gold prices are going to hit near 15000.

[dongdot]

well let's hope your statement will come true
gold market have to improve as quick as possible
what u think aamer?