| 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 - 5/6/2008
The bullion rose at yesterday trading session in a strong movement, after forming a solid base around key support level at 845.56 in last weeks trading, which pushed it to reach the strong resistance level at 874.00; though today we expect to see the shiny metal continuing to incline to the upside to gain back some of its losses that is faced in the past period in the bearish wave.
The trading range for today is among the key support level at 835.00 and the key resistance level at 900.00.
The general trend is to the upside as far as 810.00 remains intact; with targets at 1080.00 and 1170.00.
In this topic we are going to review the financial forecast on forex market.
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives