| 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 - 5/5/2008
The shiny metal moved calmly on Friday along with an upside pattern closing at it in the past week, knowing that the bullion dropped in the European trading session reaching the key support level at 844.70, to retreat back in the American session to close above the opening levels; while today we expect to see the gold climbing up once again.
The trading range is among the key support level at 820.00 and the key resistance level at 890.00.
The general trend is to the upside as far as 810.00 remains intact, with targets set at 1080.00 and 1170.00.
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