2009-10-22

Buying Price Dips Remains My Strategy

















Gold look weak after they failed to retain their intra-day highs yesterday. Gold scrap is still entering the market, and gold is meeting strong resistance on approach of USD1,070. Should the dollar show a bit more strength, there could be a downward correction towards USD1,040 in the gold price. I do not advise adding new longs at the current gold price. However, buying price dips remains my strategy. Gold support is at USD1,050 and USD1,040, and resistance at USD1,064 and USD1,075.

Gold Investment Account as at 21/10/09 3:51 PM


Selling PriceBuying Price
1 gramRM 117.8200RM 113.2500

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Malaysia Gold Investment

I found Gold Investment in Malaysia is a vary good tools to make profit when the market is down. I also found that Gold Price go up and down more slower compare to share market so to make money in long term, Gold is the right tools. This blog is all about Malaysia Gold Info and the way to make profi

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