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Gold Market Update - 28th Sept

28/9/2012

2 Comments

 
Rather than give us the expected correction, gold powered higher throughout the afternoon and evening yesterday and is now pushing through the 1780 resistance area.

The strength in the gold market yesterday took us by surprise, it is an indication that this rally is far from over - once the price gets above 1800, we expect a quick move higher, though it will be some time before we can challenge the all-time highs at 1920.

Today's video looks at the price action in more detail and our next trade thoguhts, as well as our revised targets for the next rally leg.
2 Comments
Gold Trading link
12/11/2012 01:09:37 am

Thanks for the post. Of all the precious metals, gold is the most popular as an investment. Gold has always been a highly prized special metal. And in today's uncertain economic world, its assured value makes gold even more sought after.

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Practice Stock Trading link
25/6/2013 02:57:12 am

Fantastic blog post and very useful information. I must appreciate the brilliant work by brilliant writer. Keep blogging. Best of luck. !!!!!!!!

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