| 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 - 5/16/2008
Gold prices is still in a neutral area where a closing today above 885.00 will confirm an upside wave creating new shapes leading the metal to levels above 900 and possibly 930.
The trading range is among the key support level at 845.00 and the key resistance level at 890.00.
The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.
| Support | 877.40 | 874.25 | 872.10 | 868.90 | 865.70 |
| Resistance | 882.50 | 885.00 | 888.45 | 889.50 | 895.00 |
Recommendation | ... | ||||
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In this topic we are going to review the financial forecast on forex market.
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