Gold did broke out of the Symmetrical Triangle as expected and headed towards $1800, Support remains in the range of $1710-1720. Resistance remain in the rang of $1790-1810, once crossed we can see another sharp move towards $2000.
--
Thanks,
Happy Investing.
Happy Investing.
---------- Forwarded message ----------
From: investbourses <investbourses@gmail.com>
Date: Thu, Aug 2, 2012 at 6:40 PM
Subject: Gold Spot forming Symmetrical Triangle - August 2012
Dear Members/Investors,
Date: Thu, Aug 2, 2012 at 6:40 PM
Subject: Gold Spot forming Symmetrical Triangle - August 2012
Dear Members/Investors,
Gold spot is forming Symmetrical Triangle on weekly charts, look out for breakout !!
--
Thanks,
Happy Investing.
BLOGS : http://investbourses.blogspot.com , http://investbourses.wordpress.com,
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Note- Members express their own view & may be or may not be having investment or speculative positions in the commodity, please do not take it as buy or sell advise, please use your own judgments for buying or selling, after having discussion with your certified investment brokers or the person to whom u have good level of confidence. once sentiment is changed from good to bad no good news work but bad news do work, investors must keep this in mind.NEW INVESTORS SHOULD BE VERY CAREFUL.
Thanks,
Happy Investing.
BLOGS : http://investbourses.blogspot.com , http://investbourses.wordpress.com,
Twitter : Investbourses, Facebook : Inv Bou
Note- Members express their own view & may be or may not be having investment or speculative positions in the commodity, please do not take it as buy or sell advise, please use your own judgments for buying or selling, after having discussion with your certified investment brokers or the person to whom u have good level of confidence. once sentiment is changed from good to bad no good news work but bad news do work, investors must keep this in mind.NEW INVESTORS SHOULD BE VERY CAREFUL.
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