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Gold - 28/12/2011
Gold price moves downward tendency since the opening of trading this week and a slight tendency
This is what makes us keep our expectations for the continuation of the negative price to be touching the key support level on the expected 1540.00
Palanattaf mention the rising potential after contact with the stated objective to resume upward price trend of the new year. Expected trading range for today is between: Support and resistance 1540.00 1630.00
General tendency is expected for the day: the downside
Gold price moves downward tendency since the opening of trading this week and a slight tendency
This is what makes us keep our expectations for the continuation of the negative price to be touching the key support level on the expected 1540.00
Palanattaf mention the rising potential after contact with the stated objective to resume upward price trend of the new year. Expected trading range for today is between: Support and resistance 1540.00 1630.00
General tendency is expected for the day: the downside
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