Gold Resistance At USD960 Must Be Broken Before Go Higher








Either way, gold's problem lies at 965.00, the high after the February peak. This is now the resistance that must be broken. Support lies at 941.50. Gold has cleanly broken out thru its downtrend line. Any drop below USD940 will be a buying opportunity and Gold need longer time to hits USD1,000 per ounce.

Invest in Gold need both currency and international gold price to be monitor, sometime the gold price is high but due to currency you profit may lower down. Malaysia gold price close at RM 107.14 and now have drop back around RM106 per gram.

Gold Investment Account as at 27/05/09 3:51 PM

Selling PriceBuying Price
1 gramRM 109.6100RM 105.3200

Comments

Popular posts from this blog

Gold edges up on weaker dollar, dovish U.S. Fed policy bets

Gold Price Futures (GC) Technical Analysis – Trader Reaction to Minor 50% Level at $1954.80 Sets the Tone

India, not Trump, is the real reason behind the crash in gold prices