| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Fundamentals
Fundamental analysis for precious metals gold - 4/23/2008
Gold fluctuated in a tight range yesterday affected by the major resistance level at 926.24 and the strong support level at 911.62. Nevertheless, gold managed to end the day with a positive pattern after closing above the opening level and for that we expect the upside move for today targeting 930.00 resistance level.
The trading range for today might be among the key resistance level at 945.00 and the key support at 900.00.
The general trend is to the upside as far as 810.00 remains intact, targets now are at 1080.00 and 1170.00.
| Support | 918.50 | 914.10 | 909.65 | 905.00 | 900.70 |
| Resistance | 926.20 | 929.00 | 935.45 | 938.50 | 942.30 |
Recommendation | ... | ||||
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In this topic we are going to review the financial forecast on forex market.
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