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Tuesday, August 28, 2012

Gold Trend AUG 28 10.02 A.M. GMT

 AUG 28
10.02 A.M. GMT
Gold bullion price   1663  Usd/Ounce , 10.02 A.M. GMT
                         Gold Price and Trend Forecast :   Sideway Up.                              
Resistance                    1667.9  1669  1671  / 1684
Support                        1658.1  1656.5  1655 / 1642

From daily gold chart and indicators of slow stochastic, rsi,
Macd, Moving average point that  gold price is in the trend of sideway up.

Day gold trading : Buy  1655-1658 , 
exit  1666--1670, stop loss 1650
YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
Do your own due diligence.   
No one knows tomorrow's price or circumstance.  
I intend to portray my thoughts and ideas on the subject which may s be used as  a tool for the reader.  
 I do not accept responsibility for being incorrect in my speculations on market trend. 
King Regards

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