Gold market outlook

Tuesday, January 25, 2011

Gold market outlook

12:58 PM Posted by Grentone
Labels: gold

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.

Published with Blogger-droid v1.6.5

comments

0 Responses to "Gold market outlook"

Post a Comment

Disclaimer

The writer wish to specifically highlight that he is not giving any investment advice or advocating any person/s to purchase, sale or trade. None of the materials presented on this website should be regarded as investment advice. The information upon which the writer bases his views, opinions, content, or services from, is obtained from sources he believes is reliable. The writer does not guarantee the accuracy, error, reliability, timeliness, or completeness of any such views, opinions, content, information or services, contained on distributed through, or linked, downloaded or accessed from any of the services contained on this website, and any use or re-use of the content on this website should be done at your own risk. In no event shall the writer and other information providers, be liable for direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever, with respect to the service, the materials and the products.

Risk Disclosure

Trading of deriviatives such as foreign exchange, futures, CFDs, and the equity markets involves taking HIGH RISK, and may not be suitable for everyone. Before making a decision to trade or to invest in anything, may it be a financial or non-financial product, you should carefully consider your investment objectives, level of understanding to the investment, risk tolerance and risk appetite. You should only commit or invest money that you can afford to lose, as there is a possibility that you may lose part or all of your initial capital. This site is neither a solicitation to invest nor an offer. As the website may contain some records and history of past performances, please be reminded that past performances can never be a form of guarantee to future results and performances.

Trading Market Momentum

Tuesday, January 25, 2011