Watch out for gold/silver ratio. A level above 52.0 may see silver trying to catch with gold's appreciation.
Published with Blogger-droid v1.6.5
Saturday, January 29, 2011
Gold Trading
If we see gold closing above 1320 today, it would be good to consider buying gold on dips in the next week's session..
Watch out for gold/silver ratio. A level above 52.0 may see silver trying to catch with gold's appreciation.
Watch out for gold/silver ratio. A level above 52.0 may see silver trying to catch with gold's appreciation.
Tuesday, January 25, 2011
Gold market outlook
Thinking out loud.
Has recently seen some inflows of final participants enter into the gold market.
From such levels that we are seeing gold making such retracements. Could we possibly see a long term reversal in gold trends?
I am finding some support at 1,320. If this is breeched, would be looking @ 1,296, thereafter 1,256.
Let the market tell us.
Has recently seen some inflows of final participants enter into the gold market.
From such levels that we are seeing gold making such retracements. Could we possibly see a long term reversal in gold trends?
I am finding some support at 1,320. If this is breeched, would be looking @ 1,296, thereafter 1,256.
Let the market tell us.
Published with Blogger-droid v1.6.5
Subscribe to:
Posts (Atom)