Global Time   New York 9:29 am  London 2:29 pm  Zurich 3:29 pm  Dubai 5:29 pm  Shanghai 9:29 pm  Tokyo 10:29 pm  
Global Interest Rates
Australia 7.25%
Canada 3.5%
EMU 4%
Japan 0.5%
Swiss 2.75%
England 5%
US 2.25%
Forex News
Subscribe Now
Advertisements

Fundamentals

Fundamental analysis for precious metals gold - 5/21/2008

Font Scale:
21 May 2008 @ 02:51 am EST
  • Print
  • E-Mail

The shiny metal is still heading towards the 930 barrier yet the technical indicators show that the metal is a little bit overbought and it might sink back before it continues to climb. The possible downside target could be around 900 at max and could be limited to 909.

The trading range is among the key support level at 900.00 and the key resistance level at 923.00.

The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.

Support917.70 915.50 912.12 909.00 905.30
Resistance923.00 925.90 927.80 930.00 933.60

Recommendation

...

More FROM CrownForex
Currencies
arr_blue
07/24/2008
Last
Change
%change
Time
advertisement

greets

i greet everyone. My name is fxjo. i am new to this community and i pray we benefit from each other. Thanks. fxjo

Gandycookie's signals

In this topic we are going to review the financial forecast on forex market. gandycookie

new here

hi guys im new here, hope to learn trading,shares and stocks from you guys.....:) zero_digit

Advertisement
Latest Forex Research Reports

Find the most up to date research from leading investment firms to make the most informed investing decisions

 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives