Tuesday, March 8, 2011

Gold price yesterday topped at 1444


Gold topped at 1444 yesterday before retracing down to the 21MA support level. The gold is nearing its support level at 1420. 


Gold in a daily chart show a shooting star at the top. However, it is not really significant due to its shadow length not really stand out. Gold may drop to its channel before another rebound.




By The Backyard Burner

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Fear of failure

Fear of failure