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Forex Search
| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2% | ||
Data by fxstreet.com
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Fundamentals
Fundamental analysis for precious metals gold - 5/2/2008
02 May, 2008 @ 02:21 am EST
The shiny metal continued dropping to the downside to surpass the major level at 864.47 to the downside, after recording its lowest at the key support level 846.60; with the Us dollar gaining back some strength we might see the bullion heading to the downside too today.
The trading range for today is among the key support level at 820.00 and the key resistance level at 890.00.
The general trend remains to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.
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