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Monday, December 19, 2011

GOLD Short To Medium Term Forecast :

GOLD Short To Medium Term Forecast : GOLD Trading in COMEX (Spot) at 1596.65 USD.

Technical Resistance :- 1597$-1607$-1625.33$.

Technical Support :- 1581$-1564$-1555$-1545$.

Last Hope :- 1534$,below this level a free fall or Bloodbath would be expected.

Target Intact :-1480-1440-1400=1385-1375=1325-1300USD (Say Next 2-4 Months).