We seem GOLD falling down along with Oil lately, and Dollar has been strengthening against EURO. But today, we see an inverted bullish hammer, which indicates a trend reversal is on the way. (i.e GOLD to rebound).
We will probably know the outcome after BOE & ECB rate decision today.
Seriously, I hope it will rebound since I'm vested in Precious Metal Fund LOLz. If it breach this support level, I believe the down trend will have been validated.
Source: stockcharts.com
= THE END =
Thursday, August 7, 2008
GOLD Go go go!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment