Sunday, January 04, 2009

Gold Chart Update

The priced of gold bounced from the 680's $ support area.
Cyclical support and resistance areas : 680$, 745$, 772$, 845$, 930$, 988$, 1032$.

Gold spot ten years weekly chart anotated with support resistance and trend lines


gold weekly chart

100 comments:

  1. The unit have been testing the resistance 939 and seem its hard to break out. RSI is giving a signal that the unit would give a correction soon.

    Recommend Sell: 963-964 / Stoploss above 969/ Target: 947

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  2. The gold priced raised up in recession time I feel your blog really useful and inspiring me. Thank you.

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  3. Hi,

    Wanna leave your daily/weekly/monthly prediction www.mygoldprediction.com?

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  4. As any dedicated reader of Gold Global Perspective reader knows, why to buy gold is clear.

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  5. I need to buy gold. Is it legal to buy solid gold or do you have to buy stocks?

    ReplyDelete
  6. I have been read your blog and of course I got lot of better ideas for gold global perspective. Best
    of luck.
    Watch a free video on Gold IRA.

    ReplyDelete
  7. Hi
    Thank you very much for a great blog!
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    ReplyDelete
  8. May i know what's the reason of rising in gold value for this month?

    ReplyDelete
  9. I believe gold to be the best investment in the next 5 years due to
    - Massive recent money creation
    - Hugely under-valued, adjusting for inflation
    - Demand is increasing
    Just look at China,

    Michael Martin

    http://www.buygoldbullion-online.com

    ReplyDelete
  10. I have been looking in to the best investment for the current economy and i cant see a better in vestment than gold.

    - Massive recent money creation
    - Undervalued asset
    - Way below inflation adjusted price

    What do people think?

    Michael Martin

    http:www.buyinggold-coins.com

    ReplyDelete
  11. I have been looking in to the best investment for the current economy and i cant see a better in vestment than gold.

    - Massive recent money creation
    - Undervalued asset
    - Way below inflation adjusted price

    What do people think?

    Michael Martin

    http://www.buyinggold-coins.com

    ReplyDelete
  12. Definatly in a bull cycle for precious metals and there is still away to go comparing to the inflation adjusted price of the 1980's

    Michael
    http://www.currentgold-price.com

    ReplyDelete
  13. I like following this blog. There is always sound information.

    ReplyDelete
  14. This is an extremely interesting post....

    http://moneywatch.bnet.com/economic-news/blog/financial-decoder/why-gold-is-rising-hint-its-not-inflation/806/?tag=fd-must-read;bundle-river-item

    ReplyDelete
  15. There's been a lot of talk about trying to get the dollar stronger... whether that happens is probably a long shot, but have any real investors been taking that into consideration?

    Because a stronger dollar usually will bring the gold prices back down.

    ReplyDelete
  16. Great post on gold and silver coins. We will include some of your writing and link into our newsletter to our gold coin collector forum newsletter and social website.
    gold coins

    ReplyDelete
  17. It was extremely interesting for me to read this article. Thanks for it. I like such topics and anything connected to them. I would like to read a bit more on that blog soon.

    ReplyDelete
  18. Buy Gold now at $1160 or higher now is insane if u wanna make fast money in a short term. I get tip from an insider told me that Gold price shall stay at $1180 ~ $1190/ troy oz at the end of November. Obviously, those who early bought at price lower than $1100/oz is time to sell a part and make some fast cash coz a sudden drop shall happened in a few day later. Gold luck. Also read my blog> http://kptan2006.blogspot.com

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  22. Hey, just want to say hi. I'm new here.

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  23. Hmm that's quiet interessting but frankly i have a hard time determining it... wonder how others think about this..

    ReplyDelete
  24. Thanks for your information! But do you know what tools we can use to predict the change in prices of Gold? Is Crude Oil related to Gold in Markets?

    ReplyDelete
  25. Very opjektive Position and very truth if you wach on the actualy depts of Greece as a officaly effect on the Euro, realy good written articles on your blog, you have a new follower Sir !

    ReplyDelete
  26. It looks like a good time to sell gold, do you think it would taper off?

    ReplyDelete
  27. I feel I allready have been told about this subject
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    ReplyDelete
  28. I think this Gold bull market will last for 15 to maybe 20 years. All markets are cyclical and this Gold bull market is no different. I do think that the highest yearly increases are still ahead of us.

    ReplyDelete
  29. Your blog helps gold traders perform the right decision for their investments. Buying and selling gold is a smart investment.

    ReplyDelete
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  46. Hi there,

    Thanks for sharing the link - but unfortunately it seems to be down? Does anybody here at globalgold.blogspot.com have a mirror or another source?


    Cheers,
    Daniel

    ReplyDelete
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  50. You offered some informative information on the topic of trading gold. When are you going to continue writing?
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  51. Really useful blog.Good work keeping this updated!Thanks a lot! Bullionist

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  52. Gold has proven to be an exciting and robust for of investing, www.Cashinn.co.za allows for fantastic investments.

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  53. This article was extremely interesting, especially since I was searching for thoughts on this subject last Thursday.

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  54. I have some wonderful wisdom.

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  55. Awesome post. Do you mind if I ask what your source is for this information?

    ReplyDelete
  56. As I expected - you can't go wrong with investing in gold. I guess I will invest some part of my capital as well.

    ReplyDelete
  57. Hey, ben bu yazıyı ilgili e-posta çalıştı ama değilsin sen ulaşabildiler mi?. -Bana ne zaman bir an olsun posta e geçiniz. Teşekkürler.

    ReplyDelete
  58. Кто что собирается дарить на 8-е марта девушке?

    ReplyDelete
  59. Hi,

    This is a question for the webmaster/admin here at globalgold.blogspot.com.

    May I use part of the information from your blog post right above if I give a link back to this website?

    Thanks,
    Jack

    ReplyDelete
  60. What a upswing from last report. Some "experts" say that the gold price is gonna fall alot soon, what is the over all thoughts about the gold price? Will it keep rising, will the stop and stay at about the current price or will it fall alot?


    Alot new companies has been created where they buy gold from from the public and the current gold price, melt it and resell it. What would happen to such companies if the price would suddenly drop alot?

    In my country there is a company called stureguld Sälja guld who runs this business, would they crash if this happend?

    ReplyDelete
  61. Spreading tensions in the Middle East have prompted gold safe-haven buying. With the tension shows no sign abating, we could see market price for silver goes even higher. Time will tell :)

    ReplyDelete
  62. I am extremely impressed with your writing skills and also with the layout on your blog. Is this a paid theme or did you customize it yourself? Either way keep up the nice quality writing, it's rare to see a nice blog like this one these days.. :)

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  63. Watch gold start headin to the south pole!!
    www.futurestradernews.com

    ReplyDelete
  64. Hi,

    Thanks for sharing the link - but unfortunately it seems to be down? Does anybody here at globalgold.blogspot.com have a mirror or another source?


    Cheers,
    Daniel

    ReplyDelete
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  66. Hello there,

    Thanks for sharing this link - but unfortunately it seems to be not working? Does anybody here at globalgold.blogspot.com have a mirror or another source?


    Cheers,
    John

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  67. I think you will want to place a facebook icon to your site. Just bookmarked this article, however I must complete it manually. Simply my $.02 :)

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    Learned a lot here

    ReplyDelete
  69. Greetings,

    I have a message for the webmaster/admin here at globalgold.blogspot.com.

    May I use some of the information from this post above if I provide a link back to this site?

    Thanks,
    Mark

    ReplyDelete
  70. Greetings,

    I have a question for the webmaster/admin here at globalgold.blogspot.com.

    Can I use part of the information from this post right above if I give a backlink back to your website?

    Thanks,
    Oliver

    ReplyDelete
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    ReplyDelete
  73. Should I buy gold or silver? I have silver with me. Would it be wiser to sell the silver and buy gold?

    ------------------------------------------

    "Time is gold, yet, patience is a virtue."

    L. Rodgers
    www.goldbuyersofusa.com

    ReplyDelete
  74. Many thanks for posting this, It?s simply what I was researching for on bing. I?d so much comparatively hear opinions from an individual, barely than an organization internet web page, that?s why I like blogs so significantly. Many thanks!

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  75. From 1795 to 1933 the U.S. minted gold coins for use in commerce, both within our borders and with overseas trading partners. That legacy came to an abrupt halt in 1933 when President Franklin D. Roosevelt ordered a halt to the minting of gold coins and issued an executive order confiscating privately held gold and making it illegal for Americans to own gold.

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  76. Hi - I am certainly glad to find this. Good job!

    ReplyDelete
  77. I think Gold price will continue to rise, these days there’s more trust in gold than in currencies

    ReplyDelete
  78. I think gold gets a bounce. Just went Long $BOM @ 10.39 . this setup has an 86% win rate and avg trade size of 7% http://ripetrade.blogspot.com/2011/03/ripe-trade-and-sharpe-idea-setups.html

    ReplyDelete
  79. Silver is almost at par with gold. Probably because we are running out of resources for gold.


    Sarah Grunewald
    New Mexico Gold Buyers

    ReplyDelete
  80. Copper looks to be a good buy here breaking above resistance levels and talk of low supplies on the LME. Look for this market to head higher this week.

    ReplyDelete
  81. Discussed a lot about this information until I found this wonderful site Thank you

    ReplyDelete
  82. As the gold price continues to drive resources higher on the JHB stock exchange its interesting to observe the transactions between both buyers and sellers. The same can be noted in terms of the buying and selling of unwanted gold, be it coins etc. For more inforation and prices contact me on www.cashinn.co.za we are a bulk mover of gold. Cashinn HydePark Sandton.

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  84. This strategy has made 17% a year since 1985 trading gold stocks http://www.ripetrade.com/2011/09/trading-strategy-for-gold-stocks.html

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  85. I continue to believe that the Euro will fall much further in the months ahead and this should be a drag on stock prices. This should enhance the appeal of the US Dollar as safe haven. As a result, gold and other commodities are likely to come under more selling pressure in the weeks to come. Please visit http://www.kalpeshmaniar.com for accurate forecasting of markets

    ReplyDelete
  86. I also feel that gold is a good investment
    http://www.mintbites.com/2011/09/19/gold-price-drama-reality-or-concoction/

    ReplyDelete
  87. For securing Future It is necessary to have gold in your hand and you will get cash whenever you want.

    ReplyDelete
  88. Trading Forex Gold pasti profit. Silahkan kunjungi website saya www.belajarforexgratis.net

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  89. Great information I found here about gold. Thanks for sharing it to us.

    ReplyDelete
  90. The Gold will be get higher and higher in the next years.
    I see the goldprice in 2 years on 50000€ the kilo

    ReplyDelete
  91. Gold's bubble will burst someday. Having a plan and a system is much smarter than buy and hope like most retail investors have done with the gold trade. We have a trading system that works. go to www.capitalmanagementinstitute.com and have a look. Thanks :)

    ReplyDelete
  92. I think we are fast approaching a top for gold in the short to medium term.

    ReplyDelete
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  94. I read your post. That was amazing. Your thought processing is wonderful.
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    Regards: NCDEXandMCX

    ReplyDelete
  95. I believe the gold price will keep steady. At least it won't going down any time soon. Sure, when a market is too high it tends to fall but gold is different, much different. Just look at the past trends.

    ReplyDelete