Gold Look Like Not Ready To Rally Yet















Gold price have go up and down between USD1,130 to USD 1,100. Base on the chart gold may likely to be in this gap for 2 months till Jun 2010 before any major move up or down may review up. Usually gold price hits low between March to May and slowly rally up in 2H of the year so if gold price can hold on this gap, we may see the price start rally by Oct 2010.

Gold price had a strong support on USD 1,100 level so any drop below or at this level will be a good buy to keep some gold.

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