| 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 - 5/8/2008
The gold is now forming a new upside intermediate trend within the primary trend, which will drive the shiny metal back above 900 and 920 levels, yet we need to see a close above the 876.50 level in order to confirm the trend and start achieving targets.
The trading range is among the key support level at 846.00 and the key resistance level at 911.00.
The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.
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