| Global Interest Rates | |||
 Australia |
4.25% | ||
 Canada |
1.5% | ||
 EMU |
2.5% | ||
 Japan |
0.1% | ||
 Swiss |
0.5% | ||
 England |
2% | ||
 US |
0.25% | ||
Fundamental Reports
Fundamental analysis for precious metals gold - 12/3/2008
The support level at 764.40 was capable of reverting gold to the upside to close the day yesterday above the 38.2% correction at 776.95 and for that our expectations are still for further upside moves; despite that today's trading might be very volatile with unclear bias yet continue trading above 7640.40 will support more upside moves to come.
The trading range is among the key resistance level at 835.75 and the key support level at 721.10.
The general trend is to the downside as far as 934.00 remains intact, target set at 649.20 and 615.60.
| Support | 776.25 | 764.95 | 958.40 | 755.50 | 743.65 |
| Resistance | 783.20 | 792.35 | 800.10 | 827.75 | 835.75 |
Recommendation | ... | ||||
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