| 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 - 5/23/2008
Gold is still targeting the 950 yet since it was overbought, the metal declined to the 915 level where from there it would extend the fall to 907. However, the trend is still to the upside and it will reach its targets soon.
The trading range is among the key support level at 907.00 and the key resistance level at 945.00.
The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.
| Support | 915.00 | 912.10 | 907.50 | 905.20 | 900.90 |
| Resistance | 922.50 | 925.60 | 928.70 | 932.10 | 935.60 |
Recommendation | ... | ||||
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