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
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$.
Gold spot ten years weekly chart anotated with support resistance and trend lines
Cyclical support and resistance areas : 680$, 745$, 772$, 845$, 930$, 988$, 1032$.
Gold spot ten years weekly chart anotated with support resistance and trend lines
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25 comments:
Interesting Post. Thanks for the wider perspective on this one.
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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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The gold priced raised up in recession time I feel your blog really useful and inspiring me. Thank you.
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Hi
Interesting figure.
Thanks
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May i know what's the reason of rising in gold value for this month?
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
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
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
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
How can I buy gold directly?
I like following this blog. There is always sound information.
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
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.
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
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.
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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