2010-03-04

Gold is pushing higher in most currencies is a clear indication of good physical buying interest















Gold is above the resistance $1,024/$1,026 level; we expect this level to hold, given that the dollar has depreciated only marginally. However, gold’s rally does open it up to a break above $1,140 and possibly $1,148. Gold has been assisted by some dollar depreciation, but this cannot be explained only by currency movements. The fact that gold is pushing higher in most currencies is a clear indication of good physical buying interest.

However, speculative interest is also rising. We continue to see a steady flow of physical buying interest, which is indicative of good underlying support.

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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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