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Gold Levels
Gold 647.70
Initial support at 642.45 (Aug 16 low) followed by 640.00 (Jun 26 low). Initial resistance is now at 668.90 (Aug 16 high) followed by 676.80 (Aug 8 high)
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initial support at 615.34 followed by 612.21.
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the resisstant???
where you put the stop loss???
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a great site to help you trade gold is at spot-gold-price.org where you will find a daily commentary and trade recommendation.
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Bullish
yea i look at that site alot when thinking about gold
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I`ve being using spot-gold-price.org , since so i really agree with using it
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yes even gold/oil prices analysis given on some good Forex sites are also helpful.
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The short, medium and long term trends are all bullish.
Support: $968.80 (yesterdays low) Resistance: $1000.00 (psychological level)
Support: $958.35 (low of 29/05/09) Resistance: $995.65 (high of 24/02/09)
Support: $944.00 (low of 28/05/09) Resistance: $986.42 (yesterdays high)
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