Wednesday, May 5, 2010

EVENING GOLD CONTINUES TRADING . SIDEWAYS

2 comments:

  1. I like this chart. you can take more charts at http://www.goldsilvertrends.com

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  2. Gold has now broken above the previous top of $1225 per ounce and now looks set to soar. Many are worried that it cannot possibly go anyhigher. My own view is that on an inflation adjusted basis $1200 per ounce is still only 50% of the 1980 high - so there is still some way for it go and with all the short term technical indicators pointing sharply higher the recent sideways consolidation will provide a solid platform for any pullback.

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