GOLD: Remains On The Offensive |
|
Gold (Futures) traded to a new year high on Thursday breaking through its Jan 30’08 high at $942.30 to close the week at $947.50.The current upsurge in price is coming on the back of a break out of a symmetrical triangle (weekly) in late December’07.With the metal now holding above its recent consolidation band between $888.50 and $942.30, further upside gains is likely with the next target seen at its big psycho resistance at $1000 followed by $1050.Longer term outlook as well as the daily
Read More...Filed under: Futures
Latest Posts
- Why Traders Come To Forex Market ?
- Global Forex Trading and the Internet: The Ideal Solution Part 1
- Learn Forex Trading - Forex Trading Contest - Forex Rebate 489 …
- Forex Course: A Quick Forex Guide for Traders
- Online forex trading demand your resilience
- Daily Free Forex Signal 29-09-2008
- Learn Forex Trading - An Introduction
- Forex Alerts - A Great Way To Stay On Top Of The Market
- Forex/currency trading/FX - is it the right choice for YOU?
- How To Find The Best Forex Trading Software For You
- Global Financial Crisis Forex Strategy
- Consolidating Your Forex Basics
- A Review of the Zija International Income Opportunity
- Risks by the foreign exchange on Forex Posted By : Tomas Anderson
- Risks by the foreign exchange on Forex Posted By : Tomas Anderson
No Comments! Be The First!