Monday, March 27, 2006

Gold / $,Gold / € & Gold / ¥ [update]

Gold continue to show strength and to perform against all the three major currencies. The upper downtrend line is broken for Gold / Yen , Gold / USD & Gold / Euro currently struggling against the upper downtrend lines. There is some overhead resistance around recent highs, likewise good support at appropriate Fibonacci levels. Click on the charts below to enlarge:

Gold / $ intraday chart

Gold / € intraday chart

Gold / ¥ intraday chart

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