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| Global Interest Rates | |||
 Australia |
5.25% | ||
 Canada |
2.25% | ||
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3.25% | ||
 Japan |
0.3% | ||
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1% | ||
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3% | ||
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Data by fxstreet.com
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Fundamentals
Fundamental analysis for precious metals gold - 9/29/2008
29 Sep, 2008 @ 03:21 am EST
A sideways trend with tendency to the downside remains but looking at the weekly charts we see that trading during the past week was moving sideways but at the same time experienced high volatility. This is what we expect today yet we could see further declined on the intrady basis.
The trading range for today is among the key support at 850.75 and the key resistance at 908.60.
The general trend is to the upside as far as 730.00 remains intact with targets at 983.00 and 1016.00
| Support | 870.95 | 866.40 | 860.90 | 858.60 | 850.75 |
| Resistance | 879.50 | 898.40 | 889.00 | 904.85 | 908.60 |
Recommendation | ... | ||||
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